Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Sees Large Increase in Short Interest

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 15,145 shares, a growth of 559.1% from the February 26th total of 2,298 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 37,409 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 37,409 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Hengan International Group Stock Performance

HEGIY traded down $0.07 during midday trading on Tuesday, hitting $17.45. The company had a trading volume of 34,167 shares, compared to its average volume of 18,152. The stock’s 50 day moving average price is $18.00 and its 200 day moving average price is $17.68. Hengan International Group has a 52 week low of $12.46 and a 52 week high of $19.17. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 0.01.

Hengan International Group Company Profile

Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.