Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Drops By 42.4%

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 47,600 shares, a decrease of 42.4% from the October 15th total of 82,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 476.0 days.

Billerud AB (publ) Stock Performance

BLRDF remained flat at $8.82 during trading hours on Friday. The company’s 50 day moving average price is $10.16 and its two-hundred day moving average price is $9.33. Billerud AB has a twelve month low of $8.39 and a twelve month high of $11.29.

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.