Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) Sees Large Drop in Short Interest

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 22,000 shares, a decrease of 57.7% from the April 30th total of 52,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Lee & Man Paper Manufacturing Price Performance

Shares of OTCMKTS LMPMF remained flat at $0.42 during trading hours on Tuesday. Lee & Man Paper Manufacturing has a 52-week low of $0.38 and a 52-week high of $0.42. The business has a 50 day simple moving average of $0.42 and a 200-day simple moving average of $0.38.

About Lee & Man Paper Manufacturing

Lee & Man Paper Manufacturing Limited is a Hong Kong–incorporated company primarily engaged in the production and sale of paperboard and pulp products. Since its establishment in 1994, the firm has grown into one of the leading containerboard producers in China, offering a range of packaging paper grades that serve the carton, corrugated board and packaging industries.

The company’s product portfolio includes linerboard, testliner, white-top linerboard, duplex board and coated duplex board, as well as both bleached and unbleached kraft pulp.