Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) Stock Short Interest Rises 6,500.0%

Mayr-Melnhof Karton AG (OTCMKTS:MNHFF) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 66 shares, an increase of 6,500.0% from the October 15th total of 1 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Mayr-Melnhof Karton Price Performance

Shares of OTCMKTS MNHFF remained flat at $92.59 during mid-day trading on Tuesday. Mayr-Melnhof Karton has a fifty-two week low of $92.59 and a fifty-two week high of $107.50. The firm’s 50 day moving average price is $92.59 and its 200 day moving average price is $95.28.

Mayr-Melnhof Karton Company Profile

Mayr-Melnhof Karton AG, known as MM Group, is an Austria-based producer of cartonboard and paper-based packaging. Its products include cartonboard made from recovered and fresh fiber, folding cartons, and other packaging used for food, consumer goods, and pharmaceutical products. The company serves customers across international markets, with manufacturing and sales operations spanning Europe and other regions. Its business combines board and paper production with packaging manufacturing, including the conversion of cartonboard into finished packaging.