Lerøy Seafood Group ASA (OTCMKTS:LYSFY) Shares Shorted: Short Interest Down 55.6% in September

Lerøy Seafood Group ASA (OTCMKTS:LYSFY) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 204 shares, a drop of 55.6% from the September 15th total of 459 shares. Based on an average trading volume of 126 shares, the days-to-cover ratio is presently 1.6 days.

Lerøy Seafood Group ASA Stock Performance

Lerøy Seafood Group ASA stock opened at $9.52 on Tuesday. The stock’s fifty day moving average price is $9.26 and its two-hundred day moving average price is $9.37. Lerøy Seafood Group ASA has a one year low of $8.88 and a one year high of $10.50.

About Lerøy Seafood Group ASA

Lerøy Seafood Group ASA is a Norwegian seafood company engaged in the farming, harvesting, processing, marketing and distribution of seafood. Its principal products include farmed Atlantic salmon and fjord trout, as well as wild-caught whitefish and other seafood products.

The company operates an integrated value chain that includes aquaculture, fishing, seafood processing, product development, sales and logistics. Its offerings are sold as fresh, frozen and processed products to customers in retail, food service and the broader international seafood market.

Lerøy traces its origins to a seafood trading business established in Norway in 1939.