Short Interest in Lonza Group Ag (OTCMKTS:LZAGY) Declines By 41.7%

Key Points

• Short interest in Lonza Group AG decreased by 41.7% in August, dropping to 25,700 shares from 44,100 shares at the end of July.
• As of now, Lonza's stock is trading at $72.36, reflecting a slight increase of 0.6% during midday trading.
• The company's short-interest ratio is currently at 0.4 days, based on an average daily trading volume of 61,400 shares.

Lonza Group Ag (OTCMKTS:LZAGY - Get Free Report) saw a large decline in short interest in August. As of August 15th, there was short interest totaling 25,700 shares, a decline of 41.7% from the July 31st total of 44,100 shares. Based on an average trading volume of 61,400 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 61,400 shares, the short-interest ratio is currently 0.4 days.

Lonza Group Stock Up 0.8%

OTCMKTS LZAGY traded up $0.55 on Thursday, hitting $70.31. 20,195 shares of the stock were exchanged, compared to its average volume of 31,096. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.45. Lonza Group has a fifty-two week low of $55.57 and a fifty-two week high of $73.29. The company has a 50-day moving average price of $70.22 and a 200-day moving average price of $67.91.

About Lonza Group

Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe, North and Central America, Latin America, Asia, Australia, New Zealand, and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments.