Metso Oyj (OTCMKTS:OUKPY) Sees Significant Drop in Short Interest

Metso Oyj (OTCMKTS:OUKPY) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 27,500 shares, a drop of 16.4% from the March 15th total of 32,900 shares. Based on an average trading volume of 15,000 shares, the days-to-cover ratio is currently 1.8 days.

Metso Oyj Trading Up 4.1 %

Metso Oyj stock opened at $5.03 on Wednesday. The stock has a 50-day moving average price of $5.31 and a two-hundred day moving average price of $4.89. Metso Oyj has a 12 month low of $3.99 and a 12 month high of $6.40.

Metso Oyj Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 21st. Investors of record on Monday, April 28th will be given a dividend of $0.1034 per share. The ex-dividend date is Monday, April 28th. This is an increase from Metso Oyj’s previous dividend of $0.10.

Metso Oyj Company Profile

Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.