Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Down 57.8% in November

Billerud AB (publ) (OTCMKTS:BLRDF) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 20,100 shares, a decline of 57.8% from the October 31st total of 47,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 201.0 days.

Billerud AB (publ) Stock Performance

OTCMKTS BLRDF opened at $9.25 on Friday. 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 $10.08 and its 200 day simple moving average is $9.33.

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.