Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Short Interest Update

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 13,819,800 shares, an increase of 249.5% from the December 31st total of 3,953,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nine Dragons Paper Price Performance

NDGPF remained flat at $0.35 on Wednesday. The firm has a fifty day moving average price of $0.39 and a 200 day moving average price of $0.41. Nine Dragons Paper has a 12 month low of $0.35 and a 12 month high of $0.59.

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.