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

Billerud AB (publ) (OTCMKTS:BLRDF) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 794,200 shares, a growth of 27.9% from the December 31st total of 621,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 7,942.0 days.

Billerud AB (publ) Price Performance

BLRDF remained flat at $9.50 during trading on Thursday. Billerud AB has a twelve month low of $8.39 and a twelve month high of $11.29. The business has a 50 day moving average of $9.26 and a 200 day moving average of $9.59.

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.