Short Interest in Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Increases By 192.7%

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 881 shares, a growth of 192.7% from the December 31st total of 301 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Mayr-Melnhof Karton Stock Performance

Shares of OTCMKTS MNHFF opened at $95.00 on Friday. The business’s 50 day moving average is $95.00 and its 200-day moving average is $83.02. Mayr-Melnhof Karton has a 1-year low of $72.00 and a 1-year high of $111.28.

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.