Metso Oyj (OTCMKTS:OUKPY) Sees Large Decline in Short Interest

Metso Oyj (OTCMKTS:OUKPY) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 32,900 shares, a decrease of 14.8% from the February 28th total of 38,600 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 3.4 days.

Metso Oyj Stock Down 2.2 %

Metso Oyj stock traded down $0.12 during mid-day trading on Thursday, reaching $5.00. The company’s stock had a trading volume of 2,578 shares, compared to its average volume of 8,326. Metso Oyj has a 12 month low of $3.99 and a 12 month high of $6.40. The business’s 50 day simple moving average is $5.44 and its 200 day simple moving average is $4.93.

Metso Oyj Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Monday, April 28th will be issued a $0.1034 dividend. This is a boost from Metso Oyj’s previous dividend of $0.10. The ex-dividend date of this dividend is Monday, April 28th.

About Metso Oyj

Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.