Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Short Interest Down 40.0% in August

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIYGet Free Report) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 4,257 shares, a decline of 40.0% from the July 30th total of 7,090 shares. Based on an average daily trading volume, of 12,890 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Hengan International Group Price Performance

Shares of HEGIY stock traded down $0.27 on Tuesday, reaching $13.69. 12,728 shares of the company’s stock were exchanged, compared to its average volume of 26,775. The company’s fifty day simple moving average is $14.79 and its 200 day simple moving average is $16.30. Hengan International Group has a 52 week low of $13.39 and a 52 week high of $19.17.

About Hengan International Group

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Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.

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