Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Short Interest Up 100.0% in February

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 200 shares, a growth of 100.0% from the February 13th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.2 days.

Nine Dragons Paper Stock Performance

Shares of OTCMKTS NDGPY remained flat at $7.87 during mid-day trading on Friday. Nine Dragons Paper has a fifty-two week low of $6.90 and a fifty-two week high of $11.56. The company has a quick ratio of 0.84, a current ratio of 1.16 and a debt-to-equity ratio of 1.12. The business has a 50 day moving average price of $8.07 and a 200 day moving average price of $8.30.

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.