Lonza Group AG (OTCMKTS:LZAGY) Short Interest Down 85.0% in March

Lonza Group AG (OTCMKTS:LZAGY) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,600 shares, a decline of 85.0% from the March 15th total of 10,700 shares. Based on an average daily trading volume, of 68,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Lonza Group Stock Performance

Lonza Group stock traded down $0.79 during mid-day trading on Tuesday, hitting $65.07. The company’s stock had a trading volume of 376,448 shares, compared to its average volume of 68,522. The company has a quick ratio of 1.38, a current ratio of 1.52 and a debt-to-equity ratio of 0.45. Lonza Group has a 52-week low of $52.23 and a 52-week high of $68.29. The firm’s 50 day moving average is $63.66 and its 200 day moving average is $62.11.

About Lonza Group

Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe, North and Central America, Latin America, Asia, Australia, New Zealand, and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments.