LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Short Interest Up 58.9% in July

LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 865,542 shares, a growth of 58.9% from the July 15th total of 544,747 shares. Based on an average daily trading volume, of 4 shares, the short-interest ratio is currently 216,385.5 days.

LANXESS Aktiengesellschaft Trading Down 2.6%

Shares of OTCMKTS:LNXSF opened at $16.80 on Thursday. The stock has a fifty day moving average of $17.06 and a 200-day moving average of $19.24. LANXESS Aktiengesellschaft has a one year low of $13.51 and a one year high of $30.15.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft is a specialty chemicals company headquartered in Cologne, Germany, with a global footprint across Europe, the Americas and Asia-Pacific. The company develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics for a broad spectrum of industries. By focusing on high-value, technology-driven products, LANXESS aims to address customers’ performance, safety and sustainability requirements.

The company operates through several core segments, including Advanced Intermediates, which produces bromine and other halogen chemicals; Specialty Additives, offering flame retardants, antioxidants and plasticizers; Engineering Materials, supplying high-performance plastics such as polyamides and polybutylene terephthalate; and Consumer Protection, covering biocides, disinfection and personal care solutions.