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

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 5,387 shares, a decline of 86.1% from the January 15th total of 38,803 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 52,547 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 52,547 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hengan International Group Price Performance

OTCMKTS:HEGIY traded up $0.24 during trading hours on Thursday, hitting $18.57. The stock had a trading volume of 5,887 shares, compared to its average volume of 20,118. The business has a 50 day simple moving average of $17.97 and a two-hundred day simple moving average of $17.13. Hengan International Group has a 1-year low of $12.46 and a 1-year high of $19.17. The company has a quick ratio of 0.99, a current ratio of 1.16 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.