Short Interest in Metsä Board Oyj (OTCMKTS:MTSAF) Rises By 44.9%

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Metsä Board Oyj (OTCMKTS:MTSAF) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 98,400 shares, an increase of 44.9% from the March 15th total of 67,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Metsä Board Oyj stock remained flat at $$10.75 during mid-day trading on Friday. Metsä Board Oyj has a 52 week low of $10.50 and a 52 week high of $10.75. The company’s fifty day moving average is $10.75 and its 200-day moving average is $9.38.

Separately, UBS Group restated a “sell” rating on shares of Metsä Board Oyj in a report on Tuesday, January 12th.

Metsä Board Oyj Company Profile

Metsä Board Oyj produces barrier boards, folding boxboard, food service boards, and white kraftliners worldwide. The company offers lightweight paperboards for consumer goods packaging, retail-ready, and food service applications, as well as market pulp products. It serves brand converters, brand owners, retailers, and merchants.

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