Short Interest in Lonza Group AG (OTCMKTS:LZAGY) Expands By 50.7%

Lonza Group AG (OTCMKTS:LZAGY) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 10,700 shares, a growth of 50.7% from the February 28th total of 7,100 shares. Based on an average daily trading volume, of 62,300 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Lonza Group Stock Performance

LZAGY traded down $1.80 during midday trading on Monday, hitting $61.65. 32,078 shares of the company were exchanged, compared to its average volume of 52,611. The company has a quick ratio of 1.38, a current ratio of 1.52 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average price is $64.41 and its 200-day moving average price is $62.27. Lonza Group has a 1-year low of $52.23 and a 1-year high of $68.29.

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.