Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Short Interest Down 97.7% in March
by Doug Wharley · The Cerbat GemMayr-Melnhof Karton AG (OTCMKTS:MNHFF – Get Free Report) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 1 shares, a drop of 97.7% from the March 15th total of 43 shares. Based on an average daily volume of 110 shares, the short-interest ratio is currently 0.0 days.
Mayr-Melnhof Karton Stock Performance
Shares of OTCMKTS MNHFF remained flat at $99.00 on Friday. Mayr-Melnhof Karton has a 12 month low of $99.00 and a 12 month high of $107.50. The company has a fifty day moving average of $99.22 and a two-hundred day moving average of $92.47.
About Mayr-Melnhof Karton
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.