Short Interest in Metso Oyj (OTCMKTS:OUKPY) Grows By 328.9%

Metso Oyj (OTCMKTS:OUKPY) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 16,300 shares, a growth of 328.9% from the November 15th total of 3,800 shares. Based on an average trading volume of 76,400 shares, the days-to-cover ratio is presently 0.2 days.

Metso Oyj Price Performance

OTCMKTS:OUKPY traded down $0.06 during mid-day trading on Wednesday, hitting $4.65. 8,957 shares of the stock traded hands, compared to its average volume of 35,786. The business’s 50-day moving average price is $4.65 and its 200 day moving average price is $5.01. Metso Oyj has a 12-month low of $3.99 and a 12-month high of $6.40.

Metso Oyj Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, November 18th. Investors of record on Friday, October 25th were given a $0.0981 dividend. The ex-dividend date of this dividend was Friday, October 25th. This is an increase from Metso Oyj’s previous dividend of $0.10.

Metso Oyj Company Profile

Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.