Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Sees Large Growth in Short Interest

Mayr-Melnhof Karton AG (OTCMKTS:MNHFFGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 141 shares, an increase of 6,950.0% from the May 31st total of 2 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Mayr-Melnhof Karton Stock Performance

MNHFF stock remained flat at $92.59 on Thursday. Mayr-Melnhof Karton has a fifty-two week low of $92.59 and a fifty-two week high of $107.50. The firm has a 50 day moving average of $96.56 and a 200 day moving average of $97.07.

Mayr-Melnhof Karton Company Profile

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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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