Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Update

Billerud AB (publ) (OTCMKTS:BLRDF – Get Free Report) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 280,344 shares, an increase of 162.4% from the May 14th total of 106,823 shares. Based on an average trading volume of 189 shares, the days-to-cover ratio is presently 1,483.3 days.

Billerud AB (publ) Stock Performance

Shares of OTCMKTS:BLRDF remained flat at $7.41 during trading on Friday. Billerud AB has a 52-week low of $6.41 and a 52-week high of $11.50. The stock’s 50 day simple moving average is $7.60 and its two-hundred day simple moving average is $8.57.

Billerud AB (publ) Company Profile

(Get Free Report)

Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.

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