IT Tech Packaging Inc (NYSEAMERICAN:ITP) on Focus After Report of More Shorts

The stock of IT Tech Packaging Inc (NYSEAMERICAN:ITP) registered an increase of 4255.56% in short interest. ITP’s total short interest was 39,200 shares in September as published by FINRA. Its up 4255.56% from 900 shares, reported previously. With 20,200 shares average volume, it will take short sellers 2 days to cover their ITP’s short positions. The short interest to IT Tech Packaging Inc’s float is 0.24%.

The stock increased 1.92% or $0.01 during the last trading session, reaching $0.53. About 922 shares traded. IT Tech Packaging, Inc. (NYSEAMERICAN:ITP) has declined 28.54% since September 13, 2018 and is downtrending. It has underperformed by 28.54% the S&P500.

IT Tech Packaging, Inc. produces and distributes paper products primarily in the People's Republic of China. The company has market cap of $11.67 million. The firm offers corrugating medium papers and offset printing papers. It currently has negative earnings. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Orient Paper brand name.

More recent IT Tech Packaging, Inc. (NYSEAMERICAN:ITP) news were published by: Stockhouse.com which released: “Intertape Polymer Group Reports 2019 Second Quarter Results – Stockhouse” on August 08, 2019. Also Stockhouse.com published the news titled: “Rigel Announces Second Quarter 2019 Financial Results and Provides Business Update – Stockhouse” on August 06, 2019. Stockhouse.com‘s news article titled: “Kezar Life Sciences Reports Second Quarter 2019 Financial Results and Provides Business Update – Stockhouse” with publication date: August 07, 2019 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.