Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Sees Significant Decline in Short Interest

Lenzing Aktiengesellschaft (OTCMKTS:LNZNFGet Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 67,100 shares, a decrease of 18.6% from the May 15th total of 82,400 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 223.7 days.

Lenzing Aktiengesellschaft Price Performance

Lenzing Aktiengesellschaft stock remained flat at $36.00 during mid-day trading on Friday. Lenzing Aktiengesellschaft has a 12 month low of $29.22 and a 12 month high of $55.00. The business’s 50 day moving average price is $35.11 and its two-hundred day moving average price is $36.33.

Lenzing Aktiengesellschaft Company Profile

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Lenzing Aktiengesellschaft, together with its subsidiaries, produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors, and industrial applications. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell and modal fibers for applications in textiles products, such as denim, activewear, and lingerie and underwear; hygiene articles, which include baby wipes, facial sheet masks, and surface cleaning; and protective wear, engineered products, and packaging products under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names.

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