Billerud AB (publ) (OTCMKTS:BLRDF) Sees Large Growth in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 794,200 shares, an increase of 27.9% from the December 31st total of 621,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 7,942.0 days.

Billerud AB (publ) Stock Performance

Shares of OTCMKTS BLRDF remained flat at $9.50 during trading hours on Thursday. Billerud AB has a 12 month low of $8.39 and a 12 month high of $11.29. The firm’s 50-day moving average is $9.26 and its 200-day moving average is $9.59.

About Billerud AB (publ)

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.