Lonza Group Ag (OTCMKTS:LZAGY) Short Interest Up 254.9% in July

Key Points

• Short interest in Lonza Group AG increased significantly by 254.9% in July, reaching a total of 29,100 shares.
• The company's stock price is trading around $69.65, with a 12 month low of $55.57 and a high of $73.29.
• Lonza Group recently increased its dividend to $0.1054 per share, marking a rise from the previous amount of $0.10.

Lonza Group Ag (OTCMKTS:LZAGY - Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 29,100 shares, agrowthof254.9% from the June 30th total of 8,200 shares. Based on an average trading volume of 175,100 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 175,100 shares, the days-to-cover ratio is currently 0.2 days.

Lonza Group Trading Up 0.4%

Shares of OTCMKTS LZAGY traded up $0.25 during midday trading on Thursday, reaching $67.68. 2,549 shares of the company's stock were exchanged, compared to its average volume of 83,456. The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 0.45. Lonza Group has a 52-week low of $55.57 and a 52-week high of $73.29. The business's fifty day moving average price is $70.02 and its two-hundred day moving average price is $67.09.

Lonza Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.1054 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a yield of 15.0%. This is an increase from Lonza Group's previous dividend of $0.10.

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.