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

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 375 shares, a growth of ? from the May 14th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 55,586 shares, the days-to-cover ratio is presently 0.0 days.

Hengan International Group Stock Up 3.2%

Shares of OTCMKTS:HEGIY traded up $0.49 during trading on Friday, hitting $15.61. 11,416 shares of the company traded hands, compared to its average volume of 28,415. The business’s fifty day moving average is $16.67 and its 200-day moving average is $17.55. Hengan International Group has a one year low of $13.67 and a one year high of $19.17.

About Hengan International Group

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.