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

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 20,100 shares, a decrease 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) Price Performance

OTCMKTS:BLRDF remained flat at $9.25 during trading hours on Friday. Billerud AB has a 12-month low of $8.39 and a 12-month high of $11.29. The business has a 50 day simple moving average of $10.09 and a two-hundred day simple moving average of $9.33.

Billerud AB (publ) Company Profile

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.