Uponor Oyj (OTCMKTS:UPNRF) Short Interest Down 59.1% in April

Uponor Oyj (OTCMKTS:UPNRFGet Rating) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 1,800 shares, a decrease of 59.1% from the April 15th total of 4,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 18.0 days.

Shares of UPNRF opened at $17.00 on Friday. The firm’s fifty day simple moving average is $19.91 and its two-hundred day simple moving average is $22.10. Uponor Oyj has a 12 month low of $17.00 and a 12 month high of $33.00.

Separately, Morgan Stanley started coverage on shares of Uponor Oyj in a research report on Thursday, May 5th. They set an “equal weight” rating on the stock.

About Uponor Oyj (Get Rating)

Uponor Oyj provides plumbing, indoor climate, and infrastructure solutions in Europe and North America. The company operates through three segments: Building Solutions – Europe, Building Solutions – North America, and Uponor Infra. It offers drinking water delivery systems, including plastic plumbing pipe systems, multi-layer composite pipe systems for residential buildings, commercial and public buildings; underfloor heating and cooling, comprising floor integrated underfloor heating systems, water based floor heating, and electric underfloor heating for new buildings and renovation projects; wall heating and cooling systems radiant heating and cooling via the wall, for wet and dry plaster installation systems in new buildings and renovation projects.

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