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

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) was the recipient of a large increase in short interest in the month of 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 trading volume of 1,300 shares, the short-interest ratio is presently 1.5 days.

Lee & Man Paper Manufacturing Price Performance

Lee & Man Paper Manufacturing stock traded up $0.13 during trading on Tuesday, reaching $2.58. The company had a trading volume of 2,201 shares, compared to its average volume of 2,788. The firm’s 50-day simple moving average is $2.86 and its 200 day simple moving average is $2.98. Lee & Man Paper Manufacturing has a 52 week low of $2.35 and a 52 week high of $3.30.

Lee & Man Paper Manufacturing Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th were paid a $0.0675 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This is an increase from Lee & Man Paper Manufacturing’s previous dividend of $0.07. Lee & Man Paper Manufacturing’s dividend payout ratio (DPR) 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.