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

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 11,847 shares, a drop of 68.0% from the October 15th total of 36,966 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 54,011 shares, the short-interest ratio is presently 0.2 days.

Hengan International Group Stock Down 1.3%

HEGIY opened at $13.76 on Friday. Hengan International Group has a 12-month low of $10.38 and a 12-month high of $19.17. The firm’s fifty day moving average price is $12.94 and its 200 day moving average price is $15.52. The company has a quick ratio of 1.02, a current ratio of 1.20 and a debt-to-equity ratio of 0.01.

About Hengan International Group

Hengan International Group is a Chinese manufacturer of personal hygiene and household paper products. Founded in 1985, the company has grown into a major producer of everyday consumer goods. Its product range includes sanitary napkins, baby and adult diapers, tissue paper, wet wipes and related personal care products. Hengan sells products under brands including Anerle, Hearttex and Curious. The company serves consumers primarily in China and also sells its products in international markets. Its business focuses on developing, manufacturing and distributing hygiene products for households and personal care.