Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Short Interest Up 533.3% in March

Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 533.3% from the February 28th total of 300 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 6.3 days.

Lenzing Aktiengesellschaft Price Performance

Shares of OTCMKTS:LNZNF traded up $0.64 during midday trading on Friday, reaching $32.09. 100 shares of the company were exchanged, compared to its average volume of 363. The business’s fifty day moving average is $26.35 and its two-hundred day moving average is $31.27. Lenzing Aktiengesellschaft has a one year low of $24.31 and a one year high of $37.92.

About Lenzing Aktiengesellschaft

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.