Lenzing Aktiengesellschaft (OTCMKTS:LNZNF – Get Free Report) was the recipient of a significant drop in short interest during 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 trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Lenzing Aktiengesellschaft Stock Performance
Shares of Lenzing Aktiengesellschaft stock remained flat at $28.01 on Thursday. Lenzing Aktiengesellschaft has a 12 month low of $24.32 and a 12 month high of $32.21. The business has a 50-day simple moving average of $28.43 and a 200-day simple moving average of $28.47.
Lenzing Aktiengesellschaft Company Profile
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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