Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Sees Large Increase in Short Interest

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2 shares, a growth of 100.0% from the May 14th total of 1 shares. Based on an average daily volume of 133 shares, the short-interest ratio is currently 0.0 days.

Mayr-Melnhof Karton Price Performance

Mayr-Melnhof Karton stock opened at $92.59 on Tuesday. Mayr-Melnhof Karton has a fifty-two week low of $92.59 and a fifty-two week high of $107.50. The stock has a 50-day simple moving average of $97.46 and a 200-day simple moving average of $97.18.

Mayr-Melnhof Karton Company Profile

Mayr-Melnhof Karton AG is an Austria-based producer of cartonboard and folding carton solutions. As part of the Mayr-Melnhof Group, the company focuses on manufacturing high-quality, coated recycled cartonboard for packaging applications. Its offerings include a wide range of white-lined recycled board grades, coated kraft board, and specialized barrier boards, serving customers across the food, beverage, consumer goods and industrial markets.

Founded in 1930 and headquartered in Vienna, Mayr-Melnhof Karton operates several production facilities throughout Europe, with additional sales and distribution offices in key markets.