Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Sees Significant Drop in Short Interest
by Mitch Edgeman · The Markets DailyMayr-Melnhof Karton AG (OTCMKTS:MNHFF – Get Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1 shares, a decline of 99.3% from the June 15th total of 141 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Mayr-Melnhof Karton Price Performance
OTCMKTS MNHFF remained flat at $92.59 during trading hours on Friday. Mayr-Melnhof Karton has a one year low of $92.59 and a one year high of $107.50. The company’s 50 day moving average is $95.03 and its two-hundred day moving average is $96.85.
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.