Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Short Interest Update

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 43 shares, an increase of 2,050.0% from the February 26th total of 2 shares. Based on an average daily trading volume, of 92 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 92 shares, the days-to-cover ratio is presently 0.5 days.

Mayr-Melnhof Karton Price Performance

MNHFF opened at $99.00 on Wednesday. The stock’s 50 day moving average price is $98.18 and its 200-day moving average price is $90.29. Mayr-Melnhof Karton has a 52-week low of $99.00 and a 52-week high of $107.50.

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.