Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Short Interest Update

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 7,245,600 shares, an increase of 19.3% from the August 15th total of 6,073,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 72,456.0 days.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance

Shares of SVCBF stock remained flat at $13.45 during trading hours on Friday. The stock had a trading volume of 22 shares, compared to its average volume of 1,123. The business’s 50-day simple moving average is $13.61 and its 200 day simple moving average is $14.12. Svenska Cellulosa Aktiebolaget SCA has a fifty-two week low of $12.51 and a fifty-two week high of $15.40.

About Svenska Cellulosa Aktiebolaget SCA (publ)

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.