Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report) saw a large increase in short interest in 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 days-to-cover ratio is presently 2.6 days.
Lee & Man Paper Manufacturing Trading Up 4.9%
Shares of LMPMY stock traded up $0.20 during mid-day trading on Monday, reaching $4.25. The company’s stock had a trading volume of 10,769 shares, compared to its average volume of 1,875. The firm’s 50-day moving average is $4.46 and its two-hundred day moving average is $4.34. Lee & Man Paper Manufacturing has a 1-year low of $3.21 and a 1-year high of $5.65.
Lee & Man Paper Manufacturing Company Profile
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.
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