Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Short Interest Up 139.1% in December
by Sarita Garza · The Markets DailyMayr-Melnhof Karton AG (OTCMKTS:MNHFF – Get Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 361 shares, a growth of 139.1% from the November 30th total of 151 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Mayr-Melnhof Karton Stock Performance
Shares of Mayr-Melnhof Karton stock remained flat at $95.00 during trading on Friday. Mayr-Melnhof Karton has a 12-month low of $72.00 and a 12-month high of $111.28. The business’s 50-day simple moving average is $92.24 and its 200 day simple moving average is $79.08.
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.