Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Down 87.6% in August

Billerud AB (publ) (OTCMKTS:BLRDF) saw a large decrease in short interest in August. As of August 15th, there was short interest totalling 50,900 shares, a decrease of 87.6% from the July 31st total of 411,400 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 254.5 days.

Billerud AB (publ) Price Performance

Billerud AB (publ) stock remained flat at $9.55 during midday trading on Tuesday. Billerud AB has a 12-month low of $7.44 and a 12-month high of $9.99. The stock’s fifty day moving average price is $9.00 and its two-hundred day moving average price is $8.87.

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.