Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Short Interest Down 96.0% in February

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) was the recipient of 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 days-to-cover ratio is presently 0.1 days.

Nine Dragons Paper Stock Performance

OTCMKTS NDGPY remained flat at $8.42 on Friday. 1 shares of the company’s stock traded hands, compared to its average volume of 253. The company has a current ratio of 1.16, a quick ratio of 0.84 and a debt-to-equity ratio of 1.12. The business has a 50 day simple moving average of $8.12 and a two-hundred day simple moving average of $8.26. Nine Dragons Paper has a 1 year low of $6.90 and a 1 year high of $11.56.

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.