Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Sees Large Decrease in Short Interest

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

Mayr-Melnhof Karton Price Performance

MNHFF remained flat at $95.00 during trading on Friday. Mayr-Melnhof Karton has a fifty-two week low of $72.00 and a fifty-two week high of $111.28. The firm’s 50 day moving average is $95.00 and its 200 day moving average is $84.46.

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.