Posted by admin on Jun 15th, 2022
Hengan International Group Company Limited (OTCMKTS:HEGIF – Get Rating) saw a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 2,242,600 shares, a drop of 25.5% from the May 15th total of 3,009,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 22,426.0 days.
Shares of HEGIF stock remained flat at $$4.58 during midday trading on Wednesday. The firm’s 50-day simple moving average is $4.68 and its 200 day simple moving average is $4.85. Hengan International Group has a 52 week low of $4.38 and a 52 week high of $6.46.
Separately, UBS Group upgraded shares of Hengan International Group from a “neutral” rating to a “buy” rating in a research report on Friday, June 10th.
About Hengan International Group (Get Rating)
Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and swabbers, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.
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