Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Short Interest Up 50.0% in December

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 900 shares, a growth of 50.0% from the November 30th total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 4.5 days.

Nine Dragons Paper Price Performance

Shares of OTCMKTS NDGPY remained flat at $8.30 during mid-day trading on Monday. The business has a 50 day simple moving average of $8.43 and a 200-day simple moving average of $8.37. Nine Dragons Paper has a 1-year low of $6.90 and a 1-year high of $11.56.

Nine Dragons Paper Company Profile

Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, engages in the production and sale of packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerboard products, including kraft, test, white top, and coated linerboards; corrugating medium containerboard products; corrugated cardboard products; carton box products; corrugated sheet products; and coated duplex boards.