Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Short Interest Down 72.3% in January

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 244 shares, a decline of 72.3% from the January 15th total of 881 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Mayr-Melnhof Karton Stock Performance

Mayr-Melnhof Karton stock opened at $95.00 on Wednesday. Mayr-Melnhof Karton has a 12-month low of $72.00 and a 12-month high of $111.28. The business’s 50-day simple moving average is $95.00 and its 200 day simple moving average is $84.31.

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.