Short Interest in Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Declines By 99.3%

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1 shares, a decline of 99.3% from the June 15th total of 141 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Mayr-Melnhof Karton Stock Performance

MNHFF remained flat at $92.59 during mid-day trading on Friday. The company has a 50 day simple moving average of $95.03 and a 200-day simple moving average of $96.85. Mayr-Melnhof Karton has a 52-week low of $92.59 and a 52-week high of $107.50.

Mayr-Melnhof Karton Company Profile

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.