Billerud AB (publ) (OTCMKTS:BLRDF) Stock Short Interest Drops 66.5%

Billerud AB (publ) (OTCMKTS:BLRDF – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 26,506 shares, a drop of 66.5% from the September 30th total of 79,180 shares. Based on an average trading volume of 91 shares, the days-to-cover ratio is presently 291.3 days.

Billerud AB (publ) Stock Performance

BLRDF stock remained flat at $8.13 during trading hours on Friday. The firm’s fifty day moving average is $8.29 and its 200-day moving average is $8.00. Billerud AB has a 12-month low of $6.23 and a 12-month high of $9.41.

About Billerud AB (publ)

(Get Free Report)

Billerud AB (publ) is a Swedish packaging materials and paper company headquartered in Solna, Sweden. The company develops and manufactures renewable, fiber-based materials designed to replace fossil-based and other less sustainable packaging solutions.

Its product portfolio includes kraft paper, sack and bag paper, cartonboard, containerboard, and other paper-based packaging materials. These products are used in areas such as food and beverage packaging, consumer goods, industrial packaging, medical and hygiene applications, and shipping containers.

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