Short Interest in L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) Declines By 31.3%

L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 52,300 shares, a decrease of 31.3% from the February 28th total of 76,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 523.0 days.

L E Lundbergföretagen AB (publ) Price Performance

Shares of LBGUF remained flat at $44.21 during trading hours on Friday. L E Lundbergföretagen AB has a 1-year low of $44.21 and a 1-year high of $53.11. The stock’s 50-day moving average is $44.21 and its 200-day moving average is $49.07.

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.