Lonza Group AG (OTCMKTS:LZAGY) Sees Large Decline in Short Interest

Lonza Group AG (OTCMKTS:LZAGY) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 200 shares, a drop of 98.9% from the November 15th total of 18,600 shares. Based on an average daily volume of 286,800 shares, the short-interest ratio is presently 0.0 days.

Lonza Group Stock Up 3.6 %

Shares of Lonza Group stock traded up $2.11 on Friday, reaching $61.09. 26,841 shares of the company traded hands, compared to its average volume of 89,897. The company has a 50 day moving average of $61.06 and a 200 day moving average of $60.52. Lonza Group has a 52 week low of $37.03 and a 52 week high of $67.00.

Wall Street Analysts Forecast Growth

Several research firms have commented on LZAGY. Redburn Atlantic raised shares of Lonza Group to a “strong-buy” rating in a report on Wednesday, November 27th. The Goldman Sachs Group upgraded Lonza Group to a “strong-buy” rating in a research report on Wednesday, October 9th.

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.