Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Rises By 605.5%

Billerud AB (publ) (OTCMKTS:BLRDF) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 359,100 shares, an increase of 605.5% from the August 15th total of 50,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Billerud AB (publ) Price Performance

Billerud AB (publ) stock remained flat at $9.55 during midday trading on Friday. The business has a 50 day moving average of $9.32 and a 200-day moving average of $8.96. Billerud AB has a 1 year low of $7.44 and a 1 year high of $9.99.

Billerud AB (publ) Company Profile

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.