Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Shares Shorted: Short Interest Up 1,916.4% in October

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 7,743 shares, an increase of 1,916.4% from the September 30th total of 384 shares. Based on an average daily volume of 3,017 shares, the short-interest ratio is presently 2.6 days.

Lee & Man Paper Manufacturing Stock Up 4.9%

LMPMY opened at $4.25 on Tuesday. The stock’s 50 day moving average price is $4.46 and its 200-day moving average price is $4.34. Lee & Man Paper Manufacturing has a one year low of $3.21 and a one year high of $5.65.

About Lee & Man Paper Manufacturing

Lee & Man Paper Manufacturing Ltd. is a paper producer headquartered in Hong Kong and listed on the Hong Kong Stock Exchange. Founded in 1994, the company manufactures a range of paper and pulp products for industrial and consumer applications.

Its primary products include containerboard, such as kraft linerboard and corrugating medium, as well as coated duplex board, tissue paper and pulp. These materials are used in corrugated packaging, consumer-goods packaging, hygiene products and other paper-based applications.