Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Short Interest Up 90.4% in August

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 2,139,800 shares, a growth of 90.4% from the August 15th total of 1,123,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Nine Dragons Paper Price Performance

NDGPF remained flat at $0.37 during trading on Friday. Nine Dragons Paper has a twelve month low of $0.37 and a twelve month high of $0.59. The business has a 50 day moving average of $0.38 and a 200 day moving average of $0.44.

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.