UPM-Kymmene Oyj (OTCMKTS:UPMMY – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,507 shares, a decline of 88.4% from the May 14th total of 12,944 shares. Based on an average daily volume of 357,954 shares, the short-interest ratio is currently 0.0 days.
UPM-Kymmene Oyj Stock Performance
Shares of OTCMKTS UPMMY traded up $0.02 during trading hours on Tuesday, reaching $29.06. The stock had a trading volume of 52,784 shares, compared to its average volume of 54,659. UPM-Kymmene Oyj has a twelve month low of $25.11 and a twelve month high of $33.04. The business’s fifty day moving average is $30.05 and its two-hundred day moving average is $29.52.
UPM-Kymmene Oyj Company Profile
UPM-Kymmene Oyj, trading in the United States under the ticker UPMMY, is a Finland-based company operating in the forest industry with a broad portfolio of renewable and recyclable products. Established through the 1996 merger of Kymmene Corporation and Repola Ltd, UPM has developed from a traditional paper and pulp producer into a diversified bioeconomy leader. Headquartered in Helsinki, the company employs thousands of professionals worldwide and is led by President and CEO Jussi Pesonen, who has been at the helm since 2004.
UPM’s core operations span multiple business segments, including UPM Biorefining, which produces pulp, paper, and renewable energy; UPM Raflatac, specializing in self-adhesive label materials; and UPM Specialty Papers, offering coated and uncoated paper grades for commercial printing and industrial use.
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