Short Interest in Lonza Group Ag (OTCMKTS:LZAGY) Expands By 610.5%

Lonza Group Ag (OTCMKTS:LZAGY) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 27,000 shares, a growth of 610.5% from the September 30th total of 3,800 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 148,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 148,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Lonza Group Trading Down 2.0%

LZAGY stock opened at $70.43 on Thursday. Lonza Group has a fifty-two week low of $55.57 and a fifty-two week high of $73.85. The stock has a fifty day moving average of $69.34 and a 200-day moving average of $69.37.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Lonza Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

About Lonza Group

Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe, North and Central America, Latin America, Asia, Australia, New Zealand, and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments.