Leonteq AG (OTCMKTS:LNTQF) Sees Large Decline in Short Interest

Leonteq AG (OTCMKTS:LNTQF) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 3,858 shares, a decrease of 37.4% from the July 15th total of 6,162 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Leonteq Price Performance

LNTQF remained flat at $49.48 during trading on Tuesday. The firm’s fifty day moving average price is $49.48 and its two-hundred day moving average price is $49.47. Leonteq has a fifty-two week low of $39.75 and a fifty-two week high of $51.97.

Leonteq Company Profile

Leonteq AG provides structured investment products and long-term savings and retirement solutions in Switzerland and internationally. It operates through Investment Solutions and Pension Savings segments. The company manufactures and distributes structured investment products. It also offers savings, investment, and drawdown products; and digital platform that enables unit-linked pension products with financial guarantees, as well as hedging for structured products. The company offers its services to platform partners under the terms of cooperation agreements, as well as distributes its products to retail investors through institutional and financial intermediaries.