Billerud AB (publ) (OTCMKTS:BLRDF) Sees Large Increase in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 180,700 shares, an increase of 81.1% from the March 15th total of 99,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Billerud AB (publ) Stock Performance

OTCMKTS BLRDF remained flat at $11.48 during mid-day trading on Wednesday. Billerud AB has a twelve month low of $8.39 and a twelve month high of $11.48. The firm has a 50 day moving average of $10.65 and a 200-day moving average of $10.02.

Billerud AB (publ) Company Profile

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.