LANXESS Aktiengesellschaft (OTCMKTS:LNXSF – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 865,542 shares, an increase of 58.9% from the July 15th total of 544,747 shares. Based on an average trading volume of 4 shares, the short-interest ratio is presently 216,385.5 days.
LANXESS Aktiengesellschaft Stock Performance
Shares of LANXESS Aktiengesellschaft stock opened at $17.00 on Wednesday. LANXESS Aktiengesellschaft has a 1 year low of $13.51 and a 1 year high of $30.15. The company has a 50 day simple moving average of $17.07 and a two-hundred day simple moving average of $19.27.
LANXESS Aktiengesellschaft Company Profile
LANXESS Aktiengesellschaft is a specialty chemicals company headquartered in Cologne, Germany, with a global footprint across Europe, the Americas and Asia-Pacific. The company develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics for a broad spectrum of industries. By focusing on high-value, technology-driven products, LANXESS aims to address customers’ performance, safety and sustainability requirements.
The company operates through several core segments, including Advanced Intermediates, which produces bromine and other halogen chemicals; Specialty Additives, offering flame retardants, antioxidants and plasticizers; Engineering Materials, supplying high-performance plastics such as polyamides and polybutylene terephthalate; and Consumer Protection, covering biocides, disinfection and personal care solutions.
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