L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Short Interest Up 23.5% in April

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 75,700 shares, a growth of 23.5% from the March 31st total of 61,300 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 252.3 days.

L E Lundbergföretagen AB (publ) Stock Performance

Shares of OTCMKTS:LBGUF remained flat at $50.27 during mid-day trading on Tuesday. L E Lundbergföretagen AB has a fifty-two week low of $48.00 and a fifty-two week high of $50.27. The firm’s 50-day simple moving average is $50.27 and its two-hundred day simple moving average is $47.23.

L E Lundbergföretagen AB (publ) Company Profile

L E Lundbergföretagen AB (publ) manufactures and sells paperboard, paper, and sawn wood products in Sweden and internationally. It operates through Lundberg's Real Estate Operations, Lundberg's Asset Management, Holmen, and Hufvudstaden segments. The company is involved in the forest and power operations; and equity management, including securities trading.