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

Billerud AB (publ) (OTCMKTS:BLRDF) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 26,506 shares, a decrease of 66.5% from the September 30th total of 79,180 shares. Based on an average daily volume of 91 shares, the short-interest ratio is presently 291.3 days.

Billerud AB (publ) Price Performance

Shares of OTCMKTS BLRDF opened at $8.13 on Thursday. Billerud AB has a 1 year low of $6.23 and a 1 year high of $9.41. The firm has a 50-day simple moving average of $8.29 and a two-hundred day simple moving average of $8.01.

Billerud AB (publ) Company Profile

Billerud AB (publ) is a Swedish packaging materials and paper company headquartered in Solna, Sweden. The company develops and manufactures renewable, fiber-based materials designed to replace fossil-based and other less sustainable packaging solutions.

Its product portfolio includes kraft paper, sack and bag paper, cartonboard, containerboard, and other paper-based packaging materials. These products are used in areas such as food and beverage packaging, consumer goods, industrial packaging, medical and hygiene applications, and shipping containers.