Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Short Interest Update

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,900 shares, an increase of 18.8% from the August 15th total of 1,600 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 1.5 days.

Lee & Man Paper Manufacturing Trading Up 5.2 %

Shares of LMPMY stock traded up $0.13 during trading hours on Tuesday, hitting $2.58. 2,201 shares of the company’s stock were exchanged, compared to its average volume of 2,788. The firm has a 50 day moving average of $2.86 and a two-hundred day moving average of $2.98. Lee & Man Paper Manufacturing has a fifty-two week low of $2.35 and a fifty-two week high of $3.30.

Lee & Man Paper Manufacturing Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th were given a $0.0675 dividend. The ex-dividend date was Thursday, August 15th. This is a positive change from Lee & Man Paper Manufacturing’s previous dividend of $0.07. Lee & Man Paper Manufacturing’s payout ratio is currently 3.23%.

About Lee & Man Paper Manufacturing

Lee & Man Paper Manufacturing Limited, an investment holding company, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments.