Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 2,100 shares, an increase of 162.5% from the September 30th total of 800 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is presently 0.6 days.
Lee & Man Paper Manufacturing Trading Up 1.4 %
LMPMY stock opened at $3.16 on Friday. Lee & Man Paper Manufacturing has a 12-month low of $2.35 and a 12-month high of $4.02. The business’s 50-day moving average is $2.93 and its 200 day moving average is $3.01.
Lee & Man Paper Manufacturing Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, September 12th. Investors of record on Thursday, August 15th were issued a $0.0675 dividend. The ex-dividend date was Thursday, August 15th. This is a boost from Lee & Man Paper Manufacturing’s previous dividend of $0.07. Lee & Man Paper Manufacturing’s dividend payout ratio is currently 3.23%.
Lee & Man Paper Manufacturing Company Profile
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.
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