UPM-Kymmene Oyj (OTCMKTS:UPMMY – Get Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 134 shares, a decline of 86.9% from the June 15th total of 1,020 shares. Based on an average daily trading volume, of 216,834 shares, the short-interest ratio is currently 0.0 days.
UPM-Kymmene Oyj Trading Up 1.3%
UPM-Kymmene Oyj stock traded up $0.33 during trading on Friday, hitting $26.37. 110,401 shares of the company were exchanged, compared to its average volume of 63,891. The business’s 50 day moving average is $28.36 and its 200 day moving average is $29.45. UPM-Kymmene Oyj has a 52 week low of $25.11 and a 52 week high of $33.04.
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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