Billerud AB (publ) (OTCMKTS:BLRDF) Sees Significant Growth in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 442,400 shares, a growth of 23.2% from the August 31st total of 359,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Billerud AB (publ) Price Performance

Billerud AB (publ) stock remained flat at $11.29 during mid-day trading on Friday. Billerud AB has a one year low of $7.44 and a one year high of $9.99. The stock’s fifty day moving average price is $9.62 and its 200 day moving average price is $9.06.

About Billerud AB (publ)

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.