Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) Short Interest Up 163.6% in May

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 58,000 shares, a growth of 163.6% from the May 14th total of 22,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Lee & Man Paper Manufacturing Stock Performance

Lee & Man Paper Manufacturing stock remained flat at $0.42 during trading hours on Friday. Lee & Man Paper Manufacturing has a twelve month low of $0.38 and a twelve month high of $0.42. The business has a fifty day simple moving average of $0.42 and a 200-day simple moving average of $0.39.

About Lee & Man Paper Manufacturing

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.