Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Rises By 27.9%

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 794,200 shares, a growth of 27.9% from the December 15th total of 621,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 7,942.0 days.

Billerud AB (publ) Price Performance

BLRDF opened at $9.50 on Friday. Billerud AB has a 12-month low of $8.39 and a 12-month high of $11.29. The business’s fifty day simple moving average is $9.14 and its 200-day simple moving average is $9.52.

About Billerud AB (publ)

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.