Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Shares Shorted: Short Interest Up 1,916.4% in October

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 7,743 shares, a growth of 1,916.4% from the September 30th total of 384 shares. Based on an average trading volume of 3,017 shares, the short-interest ratio is currently 2.6 days.

Lee & Man Paper Manufacturing Stock Performance

OTCMKTS:LMPMY remained flat at $4.50 during trading hours on Wednesday. 2,214 shares of the company’s stock were exchanged, compared to its average volume of 1,886. The stock has a fifty day moving average price of $4.43 and a 200-day moving average price of $4.35. Lee & Man Paper Manufacturing has a 1-year low of $3.21 and a 1-year high of $5.65.

Lee & Man Paper Manufacturing Company Profile

Lee & Man Paper Manufacturing Ltd. is a paper producer headquartered in Hong Kong and listed on the Hong Kong Stock Exchange. Founded in 1994, the company manufactures a range of paper and pulp products for industrial and consumer applications.

Its primary products include containerboard, such as kraft linerboard and corrugating medium, as well as coated duplex board, tissue paper and pulp. These materials are used in corrugated packaging, consumer-goods packaging, hygiene products and other paper-based applications.