Short Interest in L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Drops By 29.3%

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 254,300 shares, a decline of 29.3% from the August 15th total of 359,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ? days.

Shares of OTCMKTS LBGUF remained flat at $$53.00 during trading hours on Monday. The stock’s 50 day moving average price is $53.00 and its 200-day moving average price is $53.00. L E Lundbergföretagen AB has a 12 month low of $42.15 and a 12 month high of $53.00.

L E Lundbergföretagen AB (publ) Company Profile

L E Lundbergföretagen AB (publ) manufactures and sells printing paper, paperboard, and sawn timber products in Sweden and internationally. It operates through four segments: Lundberg's Real Estate Operations, Lundberg's Equity Management, Hufvudstaden, and Holmen. The company offers printing paper for magazines, product catalogs, direct advertising, books, and newspapers; and solid board and folding boxboards primarily for use as consumer packaging materials.

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