Lenzing Aktiengesellschaft (OTCMKTS:LNZNF – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 140,881 shares, a decrease of 44.2% from the June 15th total of 252,483 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Lenzing Aktiengesellschaft Stock Performance
LNZNF remained flat at $28.01 during trading on Friday. The company has a fifty day simple moving average of $28.46 and a two-hundred day simple moving average of $28.49. Lenzing Aktiengesellschaft has a 1-year low of $24.32 and a 1-year high of $32.21.
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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