Huhtamäki Oyj (OTCMKTS:HOYFF – Get Free Report) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 7,511 shares, a decline of 61.0% from the September 15th total of 19,242 shares. Based on an average trading volume of 32 shares, the days-to-cover ratio is currently 234.7 days.
Huhtamäki Oyj Stock Performance
HOYFF stock opened at $34.58 on Thursday. The company has a 50 day moving average of $34.38 and a two-hundred day moving average of $33.47. Huhtamäki Oyj has a 12-month low of $29.49 and a 12-month high of $37.04.
About Huhtamäki Oyj
Huhtamäki Oyj is a Finnish global packaging company headquartered in Espoo, Finland. The company develops and manufactures packaging solutions for food and beverages, serving foodservice operators, restaurants, retailers, food manufacturers and other consumer-goods companies.
Its products include molded-fiber packaging, paper and paperboard containers, cups, plates, trays, cartons, flexible packaging, and other food and beverage packaging formats. Huhtamaki focuses on solutions designed to support product protection, convenience, branding and more sustainable packaging objectives, including the use of renewable and recyclable materials where appropriate.
Founded in 1920 by Heikki Huhtamäki, the company initially operated in the confectionery industry before expanding into packaging.
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