L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Sees Significant Decrease in Short Interest

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 61,300 shares, a decrease of 6.6% from the March 15th total of 65,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

L E Lundbergföretagen AB (publ) Stock Performance

LBGUF opened at $50.27 on Thursday. L E Lundbergföretagen AB has a fifty-two week low of $48.00 and a fifty-two week high of $50.27. The company’s 50-day moving average is $50.27 and its 200 day moving average is $46.58.

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.