Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Grows By 55.6%

Billerud AB (publ) (OTCMKTS:BLRDF) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 41,957 shares, a growth of 55.6% from the January 29th total of 26,966 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Billerud AB (publ) Stock Performance

BLRDF opened at $9.00 on Friday. The stock’s 50 day simple moving average is $9.29 and its 200-day simple moving average is $9.17. Billerud AB has a 1 year low of $8.59 and a 1 year high of $11.50.

About Billerud AB (publ)

Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.