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

Lenzing Aktiengesellschaft (OTCMKTS:LNZNFGet Free Report) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decline of 76.9% from the February 13th total of 1,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Lenzing Aktiengesellschaft Stock Performance

Lenzing Aktiengesellschaft stock opened at $31.45 on Friday. Lenzing Aktiengesellschaft has a 1 year low of $24.31 and a 1 year high of $37.92. The business has a 50-day moving average of $26.09 and a 200-day moving average of $31.42.

Lenzing Aktiengesellschaft Company Profile

(Get Free Report)

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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