Leonteq AG (OTCMKTS:LNTQF) Sees Significant Drop in Short Interest

Leonteq AG (OTCMKTS:LNTQF) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,054 shares, a drop of 72.7% from the July 30th total of 3,858 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Leonteq Price Performance

Shares of OTCMKTS LNTQF remained flat at $49.48 during midday trading on Friday. Leonteq has a 12 month low of $39.75 and a 12 month high of $51.97. The stock’s 50-day simple moving average is $49.48 and its two-hundred day simple moving average is $49.47.

About Leonteq

Leonteq AG provides structured investment products and long-term savings and retirement solutions in Switzerland and internationally. It operates through Investment Solutions and Pension Savings segments. The company manufactures and distributes structured investment products. It also offers savings, investment, and drawdown products; and digital platform that enables unit-linked pension products with financial guarantees, as well as hedging for structured products. The company offers its services to platform partners under the terms of cooperation agreements, as well as distributes its products to retail investors through institutional and financial intermediaries.