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

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 7,090 shares, an increase of 117.1% from the July 15th total of 3,266 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 46,210 shares, the days-to-cover ratio is currently 0.2 days.

Hengan International Group Trading Up 2.0%

HEGIY traded up $0.31 on Friday, reaching $15.64. The company’s stock had a trading volume of 5,823 shares, compared to its average volume of 16,656. Hengan International Group has a 1 year low of $13.39 and a 1 year high of $19.17. The business’s 50 day moving average is $14.96 and its 200 day moving average is $16.57.

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.