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

UPM-Kymmene Oyj (OTCMKTS:UPMMY) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 1,100 shares, a drop of 93.9% from the January 31st total of 18,100 shares. Based on an average trading volume of 130,500 shares, the days-to-cover ratio is currently 0.0 days.

UPM-Kymmene Oyj Stock Performance

Shares of UPMMY stock opened at $29.51 on Friday. UPM-Kymmene Oyj has a twelve month low of $25.95 and a twelve month high of $38.81. The stock’s fifty day simple moving average is $28.62 and its 200 day simple moving average is $29.93.

About UPM-Kymmene Oyj

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.