Hong Yuan Holding Group (OTCMKTS:HGYN) Sees Significant Growth in Short Interest

Hong Yuan Holding Group (OTCMKTS:HGYN) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 6,062 shares. Based on an average daily trading volume, of 36,142 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Hong Yuan Holding Group Price Performance

Hong Yuan Holding Group stock remained flat at $0.05 during midday trading on Monday. 1,448 shares of the company’s stock traded hands, compared to its average volume of 10,756. Hong Yuan Holding Group has a twelve month low of $0.00 and a twelve month high of $0.24. The company has a fifty day simple moving average of $0.04 and a 200-day simple moving average of $0.06.

About Hong Yuan Holding Group

Hong Yuan Holding Group does not have significant operations. Previously, it was engaged in the development and commercialization of bio-based resins. The company was formerly known as Cereplast, Inc and changed its name to Hong Yuan Holding Group in June 2021. Hong Yuan Holding Group was incorporated in 2001 and is based in Zhengzhou, China.