Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Down 57.8% in November

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 20,100 shares, a drop of 57.8% from the October 31st total of 47,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 201.0 days.

Billerud AB (publ) Stock Performance

BLRDF stock remained flat at $9.25 during trading on Thursday. The stock has a 50 day simple moving average of $10.09 and a 200-day simple moving average of $9.32. Billerud AB has a 1 year low of $8.39 and a 1 year high of $11.29.

About Billerud AB (publ)

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.