Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY) Stock Short Interest Report for October

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,276 shares, a growth of 86.8% from the September 30th total of 683 shares. Based on an average daily trading volume, of 216 shares, the days-to-cover ratio is currently 5.9 days.

Wall Street Analyst Weigh In

Several brokerages have commented on SCABY. Pareto Securities cut shares of Svenska Cellulosa Aktiebolaget SCA (publ) to a “hold” rating in a report on Sunday, October 25th. Jefferies Financial Group lowered shares of Svenska Cellulosa Aktiebolaget SCA (publ) to a “hold” rating in a report on Monday, October 26th. Four equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Stock Analysis on Svenska Cellulosa Aktiebolaget SCA (publ)

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) stock opened at C$12.40 on Friday. The stock has a 50-day moving average price of C$12.45 and a 200 day moving average price of C$11.97. Svenska Cellulosa Aktiebolaget SCA has a 1 year low of C$9.45 and a 1 year high of C$14.35.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

(Get Free Report)

Svenska Cellulosa Aktiebolaget SCA (publ) is a Swedish forest industry company focused on managing forest assets and producing renewable, forest-based products. Headquartered in Sundsvall, Sweden, SCA owns and manages extensive forestland in northern Sweden and works across the forest value chain, from timber harvesting and wood supply to manufacturing and renewable energy production.

The company’s principal activities include the production and sale of sawn wood products, kraftliner and other containerboard materials, pulp, and solid biofuels such as wood pellets.

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