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

UPM-Kymmene Oyj (OTCMKTS:UPMMY) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,507 shares, a decline of 88.4% from the May 14th total of 12,944 shares. Based on an average daily volume of 357,954 shares, the short-interest ratio is currently 0.0 days.

UPM-Kymmene Oyj Trading Down 1.6%

UPMMY traded down $0.46 during trading hours on Wednesday, hitting $28.60. The company’s stock had a trading volume of 9,382 shares, compared to its average volume of 54,398. The business’s 50-day moving average price is $30.04 and its 200-day moving average price is $29.54. UPM-Kymmene Oyj has a 12 month low of $25.11 and a 12 month high of $33.04.

UPM-Kymmene Oyj Company Profile

UPM-Kymmene Oyj, trading in the United States under the ticker UPMMY, is a Finland-based company operating in the forest industry with a broad portfolio of renewable and recyclable products. Established through the 1996 merger of Kymmene Corporation and Repola Ltd, UPM has developed from a traditional paper and pulp producer into a diversified bioeconomy leader. Headquartered in Helsinki, the company employs thousands of professionals worldwide and is led by President and CEO Jussi Pesonen, who has been at the helm since 2004.

UPM’s core operations span multiple business segments, including UPM Biorefining, which produces pulp, paper, and renewable energy; UPM Raflatac, specializing in self-adhesive label materials; and UPM Specialty Papers, offering coated and uncoated paper grades for commercial printing and industrial use.