Leoni Ag (OTCMKTS:LNNNY) Sees Significant Growth in Short Interest

Leoni Ag (OTCMKTS:LNNNYGet Rating) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 233.3% from the March 31st total of 600 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 3.3 days.

LNNNY stock opened at $2.39 on Friday. Leoni has a 1 year low of $1.96 and a 1 year high of $5.28. The stock’s fifty day moving average is $2.45 and its two-hundred day moving average is $2.90.

About Leoni (Get Rating)

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.

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