Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) Short Interest Down 63.8% in June

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 21,000 shares, a decline of 63.8% from the May 31st total of 58,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Lee & Man Paper Manufacturing Stock Performance

Shares of LMPMF opened at $0.42 on Friday. Lee & Man Paper Manufacturing has a 52 week low of $0.38 and a 52 week high of $0.42. The firm’s 50-day simple moving average is $0.42 and its 200 day simple moving average is $0.40.

About Lee & Man Paper Manufacturing

Lee & Man Paper Manufacturing Limited is a Hong Kong–incorporated company primarily engaged in the production and sale of paperboard and pulp products. Since its establishment in 1994, the firm has grown into one of the leading containerboard producers in China, offering a range of packaging paper grades that serve the carton, corrugated board and packaging industries.

The company’s product portfolio includes linerboard, testliner, white-top linerboard, duplex board and coated duplex board, as well as both bleached and unbleached kraft pulp.