Short Interest in Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Increases By 18.8%

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 1,900 shares, an increase of 18.8% from the August 15th total of 1,600 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is currently 1.5 days.

Lee & Man Paper Manufacturing Stock Performance

Shares of LMPMY traded up $0.13 on Tuesday, reaching $2.58. The stock had a trading volume of 2,201 shares, compared to its average volume of 2,788. Lee & Man Paper Manufacturing has a twelve month low of $2.35 and a twelve month high of $3.30. The firm has a 50-day moving average of $2.86 and a 200 day moving average of $2.98.

Lee & Man Paper Manufacturing Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th were issued a $0.0675 dividend. This is a positive change from Lee & Man Paper Manufacturing’s previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, August 15th. Lee & Man Paper Manufacturing’s dividend payout ratio is 3.23%.

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.