Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) Short Interest Down 57.7% in May

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 22,000 shares, a decline of 57.7% from the April 30th total of 52,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

Lee & Man Paper Manufacturing Stock Performance

LMPMF stock remained flat at $0.42 during trading on Friday. Lee & Man Paper Manufacturing has a 12-month low of $0.38 and a 12-month high of $0.42. The business’s 50 day simple moving average is $0.42 and its 200 day simple moving average is $0.38.

Lee & Man Paper Manufacturing Company Profile

Lee & Man Paper Manufacturing Limited is a Hong Kong–incorporated company primarily engaged in the production and sale of paperboard and pulp products. Since its establishment in 1994, the firm has grown into one of the leading containerboard producers in China, offering a range of packaging paper grades that serve the carton, corrugated board and packaging industries.

The company’s product portfolio includes linerboard, testliner, white-top linerboard, duplex board and coated duplex board, as well as both bleached and unbleached kraft pulp.