LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Short Interest Down 26.7% in November

LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 167,600 shares, a decline of 26.7% from the October 31st total of 228,800 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 558.7 days.

LANXESS Aktiengesellschaft Price Performance

OTCMKTS:LNXSF remained flat at $28.50 during midday trading on Friday. The company had a trading volume of 28 shares, compared to its average volume of 742. The company’s 50 day moving average price is $29.33 and its 200-day moving average price is $27.68. LANXESS Aktiengesellschaft has a 1 year low of $23.21 and a 1 year high of $31.74.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.