L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Short Interest Update

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 52,300 shares, a drop of 31.3% from the February 28th total of 76,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 523.0 days.

L E Lundbergföretagen AB (publ) Price Performance

OTCMKTS:LBGUF remained flat at $44.21 on Monday. L E Lundbergföretagen AB has a 52-week low of $44.21 and a 52-week high of $53.11. The stock has a fifty day simple moving average of $44.21 and a two-hundred day simple moving average of $49.06.

L E Lundbergföretagen AB (publ) Company Profile

L E Lundbergföretagen AB (publ) manufactures and sells paperboard, paper, and sawn wood products in Sweden and internationally. It operates through Lundberg's Real Estate Operations, Lundberg's Asset Management, Holmen, and Hufvudstaden segments. The company is involved in the forest and power operations; and equity management, including securities trading.