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 decline in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 96.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 0.1 days.

Nine Dragons Paper Price Performance

OTCMKTS NDGPY remained flat at $8.42 during trading on Friday. 1 shares of the company were exchanged, compared to its average volume of 253. The firm’s fifty day moving average is $8.12 and its 200-day moving average is $8.26. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.84 and a current ratio of 1.16. Nine Dragons Paper has a 52-week low of $6.90 and a 52-week 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.