Short Interest in Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Drops By 91.7%

Mayr-Melnhof Karton AG (OTCMKTS:MNHFFGet Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1 shares, a drop of 91.7% from the August 15th total of 12 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Mayr-Melnhof Karton Stock Performance

MNHFF stock remained flat at $92.59 during trading on Friday. The company has a 50 day moving average price of $92.59 and a 200 day moving average price of $96.12. Mayr-Melnhof Karton has a 52-week low of $92.59 and a 52-week high of $107.50.

About Mayr-Melnhof Karton

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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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