Short Interest in Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Drops By 34.7%

Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 9,400 shares, a decline of 34.7% from the November 30th total of 14,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 94.0 days.

Lenzing Aktiengesellschaft Stock Performance

LNZNF stock remained flat at $29.52 during midday trading on Monday. Lenzing Aktiengesellschaft has a 1-year low of $29.22 and a 1-year high of $39.75. The company’s 50 day moving average is $33.70 and its 200-day moving average is $35.03.

Lenzing Aktiengesellschaft Company Profile

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.