Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Short Interest Down 99.6% in February

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 1 shares, a drop of 99.6% from the January 29th total of 244 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Mayr-Melnhof Karton Stock Performance

MNHFF stock remained flat at $95.00 during mid-day trading on Wednesday. Mayr-Melnhof Karton has a twelve month low of $72.00 and a twelve month high of $111.28. The stock’s fifty day moving average price is $95.00 and its 200 day moving average price is $85.93.

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.