Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Sees Significant Decrease in Short Interest

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 600 shares, a drop of 71.4% from the October 31st total of 2,100 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 0.2 days.

Lee & Man Paper Manufacturing Stock Performance

Shares of LMPMY stock remained flat at $2.93 during trading hours on Wednesday. Lee & Man Paper Manufacturing has a 12 month low of $2.35 and a 12 month high of $4.02. The company’s 50-day simple moving average is $3.12 and its 200-day simple moving average is $3.01.

About Lee & Man Paper Manufacturing

Lee & Man Paper Manufacturing Limited, an investment holding company, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments.