Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Sees Significant Increase in Short Interest

Mayr-Melnhof Karton AG (OTCMKTS:MNHFFGet Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 141 shares, a growth of 6,950.0% from the May 31st total of 2 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Mayr-Melnhof Karton Price Performance

OTCMKTS:MNHFF remained flat at $92.59 during trading hours on Thursday. Mayr-Melnhof Karton has a twelve month low of $92.59 and a twelve month high of $107.50. The stock’s 50 day moving average is $96.56 and its two-hundred day moving average is $97.07.

Mayr-Melnhof Karton Company Profile

(Get Free Report)

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.

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