UPM-Kymmene Oyj (OTCMKTS:UPMMY) Short Interest Update

UPM-Kymmene Oyj (OTCMKTS:UPMMY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 57,300 shares, an increase of 516.1% from the December 31st total of 9,300 shares. Based on an average daily volume of 331,900 shares, the short-interest ratio is presently 0.2 days.

UPM-Kymmene Oyj Stock Down 0.6 %

UPMMY traded down $0.17 during trading on Wednesday, hitting $29.14. The company’s stock had a trading volume of 42,169 shares, compared to its average volume of 140,957. The business’s fifty day simple moving average is $27.49 and its 200 day simple moving average is $30.37. UPM-Kymmene Oyj has a twelve month low of $25.95 and a twelve month high of $38.81.

UPM-Kymmene Oyj Company Profile

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.