Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Sees Significant Drop in Short Interest

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 4,759,900 shares, a decrease of 28.5% from the October 15th total of 6,658,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 47,599.0 days.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Down 6.2 %

Shares of OTCMKTS SVCBF traded down $0.83 during trading on Friday, reaching $12.50. 400 shares of the stock traded hands, compared to its average volume of 1,031. Svenska Cellulosa Aktiebolaget SCA has a 52-week low of $12.50 and a 52-week high of $15.40. The company has a 50-day moving average of $13.39 and a 200-day moving average of $13.88.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

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.