Short Interest in L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Grows By 8.8%

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 114,400 shares, an increase of 8.8% from the September 30th total of 105,100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 104.0 days.

L E Lundbergföretagen AB (publ) Price Performance

Shares of OTCMKTS LBGUF opened at $53.11 on Friday. L E Lundbergföretagen AB has a fifty-two week low of $53.11 and a fifty-two week high of $53.11. The business has a 50-day simple moving average of $51.28 and a two-hundred day simple moving average of $50.89.

About L E Lundbergföretagen AB (publ)

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.