Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY - Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 200 shares, a decline of 60.0% from the September 30th total of 500 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.1 days.
Nine Dragons Paper Stock Performance
Shares of OTCMKTS NDGPY remained flat at $9.00 during trading hours on Friday. The company had a trading volume of 4 shares, compared to its average volume of 1,004. The company's 50 day moving average price is $8.36 and its 200-day moving average price is $8.76. Nine Dragons Paper has a 1-year low of $6.90 and a 1-year high of $11.61.
About Nine Dragons Paper
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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.
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