Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Short Interest Down 50.5% in December

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,093,787 shares, a decrease of 50.5% from the December 15th total of 6,256,042 shares. Based on an average trading volume of 37,636 shares, the days-to-cover ratio is currently 82.2 days. Based on an average trading volume of 37,636 shares, the days-to-cover ratio is currently 82.2 days.

Nine Dragons Paper Stock Performance

OTCMKTS NDGPF traded up $0.23 during trading hours on Thursday, reaching $0.95. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 27,026. The business has a 50-day simple moving average of $0.75 and a 200 day simple moving average of $0.64. Nine Dragons Paper has a 52 week low of $0.35 and a 52 week high of $0.95.

Nine Dragons Paper Company Profile

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.