Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Decreases By 42.4%

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 47,600 shares, a drop of 42.4% from the October 15th total of 82,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 476.0 days.

Billerud AB (publ) Stock Performance

Shares of OTCMKTS BLRDF remained flat at $8.82 during mid-day trading on Thursday. Billerud AB has a 12 month low of $8.39 and a 12 month high of $11.29. The company’s 50 day simple moving average is $10.17 and its 200 day simple moving average is $9.33.

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.