Short Interest in Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Drops By 19.5%

Lenzing Aktiengesellschaft (OTCMKTS:LNZNFGet Rating) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 12,400 shares, a drop of 19.5% from the August 15th total of 15,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Lenzing Aktiengesellschaft Stock Performance

Shares of OTCMKTS LNZNF opened at $81.65 on Monday. Lenzing Aktiengesellschaft has a 1 year low of $78.75 and a 1 year high of $86.65. The firm’s 50 day moving average price is $83.23 and its 200 day moving average price is $92.08.

About Lenzing Aktiengesellschaft

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Lenzing Aktiengesellschaft produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors in Austria, rest of Europe, Asia, the Americas, and internationally. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell fibers for applications in sportswear, home textiles, and mattresses, as well as hygiene articles such as wet wipes and baby wipes; modal fibers; viscose fibers for use in clothing fabrics, wipes, tampons, and wound dressings; and filament yarns under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names.

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