Short Interest in L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Increases By 23.5%

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 75,700 shares, an increase of 23.5% from the March 31st total of 61,300 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 252.3 days.

L E Lundbergföretagen AB (publ) Price Performance

Shares of LBGUF remained flat at $50.27 during mid-day trading on Tuesday. The business has a 50-day moving average of $50.27 and a two-hundred day moving average of $47.23. L E Lundbergföretagen AB has a one year low of $48.00 and a one year high of $50.27.

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.