L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Short Interest Up 8.8% in October

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 114,400 shares, a growth of 8.8% from the September 30th total of 105,100 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 104.0 days.

L E Lundbergföretagen AB (publ) Price Performance

Shares of LBGUF opened at $53.11 on Thursday. L E Lundbergföretagen AB has a 1-year low of $53.11 and a 1-year high of $53.11. The firm has a 50 day simple moving average of $51.23 and a 200-day simple moving average of $50.87.

L E Lundbergföretagen AB (publ) Company Profile

L E Lundbergföretagen AB (publ) manufactures and sells paperboard, paper, and sawn wood products in Sweden and internationally. It operates through Lundberg's Real Estate Operations, Lundberg's Asset Management, Holmen, and Hufvudstaden segments. The company is involved in the forest and power operations; and equity management, including securities trading.