Valmet Oyj (OTCMKTS:VOYJF) Short Interest Up 36.4% in May

Valmet Oyj (OTCMKTS:VOYJF) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,104,500 shares, an increase of 36.4% from the May 15th total of 810,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Valmet Oyj Price Performance

Shares of OTCMKTS:VOYJF opened at $24.00 on Wednesday. Valmet Oyj has a fifty-two week low of $24.00 and a fifty-two week high of $31.00. The business has a 50-day simple moving average of $23.97 and a two-hundred day simple moving average of $24.03.

About Valmet Oyj

Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific. The company’s Process Technologies segment offers pulping process equipment, process islands and complete pulp mills, individual board, tissue and paper machine sections, complete production lines and machine rebuilds, boiler islands, power plants, heating plants, environmental solutions, and technologies for converting biomass to fuels, chemicals, and materials.