Lonza Group AG (OTCMKTS:LZAGY) Short Interest Update

Lonza Group AG (OTCMKTS:LZAGY) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 18,600 shares, an increase of 500.0% from the October 31st total of 3,100 shares. Based on an average daily trading volume, of 116,500 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Lonza Group to a “strong-buy” rating in a report on Wednesday, October 9th.

Lonza Group Stock Up 2.4 %

Shares of LZAGY traded up $1.39 during midday trading on Friday, reaching $59.88. The stock had a trading volume of 15,199 shares, compared to its average volume of 84,083. The firm’s 50 day moving average price is $61.74 and its 200-day moving average price is $60.37. Lonza Group has a 52 week low of $36.71 and a 52 week high of $67.00.

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.