Short Interest in Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Drops By 96.0%

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decrease of 96.0% from the January 31st total of 2,500 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 0.1 days.

Nine Dragons Paper Stock Performance

OTCMKTS NDGPY remained flat at $8.42 during trading on Friday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 253. Nine Dragons Paper has a 12-month low of $6.90 and a 12-month high of $11.56. The company has a 50 day moving average price of $8.12 and a 200-day moving average price of $8.26. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.84 and a current ratio of 1.16.

About Nine Dragons Paper

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.