UPM-Kymmene Oyj (OTCMKTS:UPMMY) Short Interest Up 155.6% in February

UPM-Kymmene Oyj (OTCMKTS:UPMMYGet Free Report) saw a large increase in short interest during the month of February. As of February 29th, there was short interest totalling 2,300 shares, an increase of 155.6% from the February 14th total of 900 shares. Based on an average daily volume of 102,600 shares, the days-to-cover ratio is currently 0.0 days.

UPM-Kymmene Oyj Trading Up 2.3 %

Shares of UPMMY opened at $34.08 on Wednesday. The company’s fifty day moving average is $34.28 and its two-hundred day moving average is $34.60. UPM-Kymmene Oyj has a fifty-two week low of $29.35 and a fifty-two week high of $38.62.

UPM-Kymmene Oyj Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 8th will be issued a dividend of $0.8112 per share. The ex-dividend date of this dividend is Friday, April 5th. This represents a dividend yield of 2.52%.

UPM-Kymmene Oyj Company Profile

(Get Free Report)

UPM-Kymmene Oyj engages in the forest-based bio industry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.

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