Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Short Interest Up 22.3% in January

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 3,785,000 shares, a growth of 22.3% from the December 31st total of 3,093,787 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 18,925.0 days. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 18,925.0 days.

Nine Dragons Paper Trading Up 22.2%

Shares of NDGPF opened at $1.10 on Thursday. Nine Dragons Paper has a fifty-two week low of $0.35 and a fifty-two week high of $1.10. The firm has a 50-day simple moving average of $0.81 and a 200-day simple moving average of $0.70.

About Nine Dragons Paper

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong‐based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.