UPM-Kymmene Oyj (OTCMKTS:UPMMY) Shares Shorted: Short Interest Down 98.8% in October

UPM-Kymmene Oyj (OTCMKTS:UPMMY) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 325 shares, a decrease of 98.8% from the October 15th total of 27,681 shares. Based on an average daily volume of 105,709 shares, the short-interest ratio is currently 0.0 days.

UPM-Kymmene Oyj Trading Up 0.7%

UPM-Kymmene Oyj stock opened at $24.62 on Thursday. The stock has a 50 day moving average of $27.68 and a 200-day moving average of $28.64. UPM-Kymmene Oyj has a 52 week low of $23.65 and a 52 week high of $33.04.

About UPM-Kymmene Oyj

UPM-Kymmene Oyj is a Finland-based forest industry company that develops and manufactures renewable, fiber-based products and solutions. Its business activities include pulp, timber, specialty papers, label materials, communication papers, energy, and emerging biochemical products made from wood-based raw materials. The company operates through businesses such as UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Biochemicals. Its products serve customers in areas including packaging, labeling, publishing, advertising, hygiene, construction, and industrial applications.