Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Sees Large Decrease in Short Interest

Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 400 shares, a decline of 78.9% from the March 15th total of 1,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

Lenzing Aktiengesellschaft Stock Performance

Lenzing Aktiengesellschaft stock remained flat at $32.09 during mid-day trading on Monday. Lenzing Aktiengesellschaft has a fifty-two week low of $24.31 and a fifty-two week high of $37.92. The firm has a 50 day simple moving average of $28.10 and a two-hundred day simple moving average of $30.94.

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.