Short Interest in Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Decreases By 40.0%

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 4,257 shares, a decrease of 40.0% from the July 30th total of 7,090 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 12,890 shares, the days-to-cover ratio is currently 0.3 days.

Hengan International Group Stock Down 1.9%

HEGIY stock opened at $13.69 on Wednesday. The stock’s 50 day simple moving average is $14.79 and its 200 day simple moving average is $16.26. Hengan International Group has a fifty-two week low of $13.39 and a fifty-two week high of $19.17.

About Hengan International Group

Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.