Billerud AB (publ) (OTCMKTS:BLRDF) Sees Significant Growth in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 442,400 shares, an increase of 23.2% from the August 31st total of 359,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Billerud AB (publ) Stock Performance

BLRDF remained flat at $11.29 during trading on Monday. The business’s fifty day moving average is $9.62 and its two-hundred day moving average is $9.07. Billerud AB has a fifty-two week low of $8.39 and a fifty-two week high of $11.29.

Billerud AB (publ) Company Profile

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.