Short Interest in Uponor (OTCMKTS:UPNRF) Decreases By 26.2%

Uponor (OTCMKTS:UPNRF) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 4,800 shares, a drop of 26.2% from the August 15th total of 6,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 48.0 days.

Uponor stock opened at $16.62 on Thursday. Uponor has a 1-year low of $9.68 and a 1-year high of $18.20. The stock has a fifty day simple moving average of $17.08.

Separately, Nordea Equity Research raised shares of Uponor from a “hold” rating to a “buy” rating in a research report on Monday, July 27th.

Uponor Company Profile

Uponor Oyj provides plumbing, indoor climate, and infrastructure solutions in Europe and North America. The company operates through three segments: Building Solutions – Europe, Building Solutions – North America, and Uponor Infra. It offers drinking water delivery systems, including multilayer and flexible pipe, and hygienic control systems, as well as fittings; ceiling, underfloor, and wall heating and cooling systems; room temperature controls; and radiator connection components.

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