Short Interest in Valmet Oyj (OTCMKTS:VOYJF) Drops By 15.0%

Valmet Oyj (OTCMKTS:VOYJF) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 1,095,500 shares, a decline of 15.0% from the September 30th total of 1,289,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Valmet Oyj Price Performance

OTCMKTS VOYJF opened at $31.00 on Wednesday. The business’s 50 day moving average price is $28.89 and its 200-day moving average price is $27.77. Valmet Oyj has a fifty-two week low of $22.20 and a fifty-two week high of $31.00.

Valmet Oyj Company Profile

Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific. The company’s Process Technologies segment offers pulping process equipment, process islands and complete pulp mills, individual board, tissue and paper machine sections, complete production lines and machine rebuilds, boiler islands, power plants, heating plants, environmental solutions, and technologies for converting biomass to fuels, chemicals, and materials.