Short Interest in Outokumpu Oyj (OTCMKTS:OUTFF) Declines By 12.2%

Outokumpu Oyj (OTCMKTS:OUTFF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 2,306,418 shares, a decrease of 12.2% from the December 31st total of 2,628,010 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Outokumpu Oyj Price Performance

OTCMKTS OUTFF opened at $4.88 on Tuesday. Outokumpu Oyj has a 52-week low of $4.39 and a 52-week high of $4.88. The company has a fifty day moving average of $4.80 and a 200-day moving average of $4.15.

About Outokumpu Oyj

Outokumpu Oyj is a leading stainless steel producer headquartered in Helsinki, Finland. The company specializes in the production, processing and distribution of a full range of stainless steel products, including hot‐rolled and cold‐rolled coil, sheet, plate, bars, tubes and wires. With a focus on high‐performance and corrosion‐resistant steel grades, Outokumpu serves industries such as automotive, construction, energy, chemical processing and consumer goods, offering tailored solutions to meet demanding quality and environmental standards.

Founded in 1910 originally as a copper mining and smelting enterprise, Outokumpu transitioned into stainless steel production in the late 20th century, building on its metallurgical expertise to become one of the world’s foremost suppliers of stainless steel.