Orient Paper Inc (ONP) Short Interest Down 86.8% in November

Orient Paper Inc (NYSEAMERICAN:ONP) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 49,052 shares, a drop of 86.8% from the November 15th total of 370,537 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 261,371 shares, the days-to-cover ratio is currently 0.2 days.

Shares of Orient Paper (NYSEAMERICAN:ONP) opened at $1.29 on Friday. Orient Paper has a 52-week low of $0.75 and a 52-week high of $2.45.

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Orient Paper Company Profile

Orient Paper, Inc is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products.

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