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

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 2 shares, a growth of 100.0% from the February 12th total of 1 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Mayr-Melnhof Karton Stock Performance

MNHFF stock remained flat at $107.00 during mid-day trading on Friday. Mayr-Melnhof Karton has a 12-month low of $107.00 and a 12-month high of $107.50. The company has a fifty day moving average price of $97.23 and a 200 day moving average price of $88.59.

About Mayr-Melnhof Karton

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.