Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Sees Large Decline in Short Interest

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 83.3% from the November 30th total of 600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Lee & Man Paper Manufacturing Price Performance

Shares of OTCMKTS:LMPMY traded down $0.16 during midday trading on Friday, hitting $2.85. 223 shares of the stock were exchanged, compared to its average volume of 3,014. Lee & Man Paper Manufacturing has a 52-week low of $2.35 and a 52-week high of $4.02. The business’s fifty day simple moving average is $3.04 and its two-hundred day simple moving average is $2.98.

Lee & Man Paper Manufacturing Company Profile

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.