Short Interest in Leoni Ag (OTCMKTS:LNNNY) Expands By 233.3%

Leoni Ag (OTCMKTS:LNNNYGet Rating) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 233.3% from the March 31st total of 600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 3.3 days.

Shares of Leoni stock opened at $2.39 on Thursday. The company has a 50-day simple moving average of $2.46 and a two-hundred day simple moving average of $2.93. Leoni has a one year low of $1.96 and a one year high of $5.28.

About Leoni (Get Rating)

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.

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