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

Mayr-Melnhof Karton AG (OTCMKTS:MNHFFGet Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1 shares, a decrease 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 hours on Thursday. The business’s fifty day simple moving average is $92.59 and its 200-day simple moving average is $96.12. Mayr-Melnhof Karton has a fifty-two week low of $92.59 and a fifty-two week high of $107.50.

Mayr-Melnhof Karton Company Profile

(Get Free Report)

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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