Lonza Group AG (OTCMKTS:LZAGY) Sees Significant Growth in Short Interest

Lonza Group AG (OTCMKTS:LZAGY - Get Free Report) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 11,100 shares, an increase of 200.0% from the May 15th total of 3,700 shares. Based on an average trading volume of 109,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Lonza Group Price Performance

Shares of OTCMKTS LZAGY traded down $2.14 during mid-day trading on Friday, hitting $69.74. 30,728 shares of the stock traded hands, compared to its average volume of 86,795. The company has a current ratio of 1.52, a quick ratio of 1.38 and a debt-to-equity ratio of 0.45. Lonza Group has a twelve month low of $52.76 and a twelve month high of $73.29. The firm has a 50 day simple moving average of $68.39 and a two-hundred day simple moving average of $64.35.

Lonza Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were issued a dividend of $0.1054 per share. This is an increase from Lonza Group's previous dividend of $0.10. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a dividend yield of 0.15%.

Lonza Group Company Profile

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.