Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Short Interest Down 96.0% in February

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 96.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.1 days.

Nine Dragons Paper Price Performance

Shares of NDGPY stock remained flat at $8.42 during mid-day trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 253. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.16 and a quick ratio of 0.84. Nine Dragons Paper has a 52-week low of $6.90 and a 52-week high of $11.56. The company has a 50-day moving average of $8.12 and a 200-day moving average of $8.26.

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.