Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Sees Significant Decrease in Short Interest

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 2,686,000 shares, a decline of 15.0% from the March 31st total of 3,160,787 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ? days.

Nine Dragons Paper Price Performance

Shares of Nine Dragons Paper stock remained flat at $0.84 during trading hours on Friday. Nine Dragons Paper has a 1 year low of $0.39 and a 1 year high of $1.24. The firm’s 50-day simple moving average is $0.97 and its two-hundred day simple moving average is $0.86.

Nine Dragons Paper Company Profile

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong?based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.