Lenzing Aktiengesellschaft (OTCMKTS:LNZNF – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 140,881 shares, a drop of 44.2% from the June 15th total of 252,483 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Lenzing Aktiengesellschaft Price Performance
Lenzing Aktiengesellschaft stock opened at $28.01 on Friday. The firm has a fifty day simple moving average of $28.48 and a two-hundred day simple moving average of $28.48. Lenzing Aktiengesellschaft has a twelve month low of $24.32 and a twelve month high of $32.21.
About Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft is an Austria-based specialty fiber manufacturer focusing on the production of wood-based cellulose fibers. Its range of products includes Lenzing TENCEL® lyocell fibers, Lenzing Modal® fibers and dissolving wood pulp. These fibers are employed across diverse end markets such as apparel, home textiles, personal care and nonwovens, where strength, moisture management and ecological credentials are increasingly valued.
The company’s manufacturing footprint spans Europe, Asia, North America and South America, enabling it to supply global customers in the textile, automotive and hygiene sectors.
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