Billerud AB (publ) (OTCMKTS:BLRDF) Sees Significant Increase in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 621,100 shares, an increase of 175.7% from the November 30th total of 225,300 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 2,070.3 days.

Billerud AB (publ) Price Performance

Shares of BLRDF remained flat at $9.13 during trading hours on Thursday. The business has a 50-day moving average of $9.44 and a 200 day moving average of $9.42. Billerud AB has a 12-month low of $8.39 and a 12-month high of $11.29.

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.