After Reaching Milestone, Is SGD HOLDINGS LTD. NEW (OTCMKTS:SGDH)’s Short Interest Revealing Something?

July 12, 2018 - By Paula Hilliard

SGD Holdings, Ltd. (OTCMKTS:SGDH) Logo

The stock of SGD HOLDINGS LTD. NEW (OTCMKTS:SGDH) registered an increase of 565.62% in short interest. SGDH’s total short interest was 21,300 shares in July as published by FINRA. Its up 565.62% from 3,200 shares, reported previously. With 391,600 shares average volume, it will take short sellers 0 days to cover their SGDH’s short positions.

The stock 2.44% or $0 during the last trading session, reaching $0.16. It is down 0.00% since July 12, 2017 and is . It has underperformed by 12.57% the S&P500.

SGD Holdings, Ltd., through its subsidiary, Eco Paper, Inc., develops, markets, and sells paper and paper products from natural fibers. The company has market cap of $20.89 million. The Company’s products include journals, paper reams, cover stock, art and sketch pads, envelopes, stationery and gifts, office and school products, and notebooks, as well as paper type products. It currently has negative earnings.

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