Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY) Short Interest Update

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 12,884 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 6,467 shares, the short-interest ratio is presently 2.0 days.

Analyst Ratings Changes

Separately, BNP Paribas Exane began coverage on Svenska Cellulosa Aktiebolaget SCA (publ) in a report on Wednesday. They issued a “neutral” rating on the stock. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

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Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

Shares of SCABY opened at C$11.23 on Monday. Svenska Cellulosa Aktiebolaget SCA has a 52 week low of C$10.00 and a 52 week high of C$14.60. The stock has a 50 day moving average price of C$11.77 and a two-hundred day moving average price of C$12.25.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

(Get Free Report)

Svenska Cellulosa Aktiebolaget SCA (publ) is a Sweden‐based forestry and paper products company whose American depositary shares trade over the counter under the symbol SCABY. The company’s core operations encompass sustainable forest management, pulp production and the manufacture of renewable packaging materials. SCA positions itself as a provider of high‐quality containerboard, corrugated packaging solutions and market pulp, serving a range of industries from food and beverage to e-commerce logistics.

SCA manages one of Europe’s largest private forest estates, principally located in northern Sweden, where it applies certified sustainable practices to balance wood production, biodiversity and carbon sequestration.

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