Short Interest in Valmet Oyj (OTCMKTS:VLMTY) Grows By 3,833.3%

Valmet Oyj (OTCMKTS:VLMTY) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 118 shares, an increase of 3,833.3% from the May 14th total of 3 shares. Based on an average daily trading volume, of 45 shares, the short-interest ratio is currently 2.6 days.

Valmet Oyj Price Performance

Shares of VLMTY remained flat at C$26.14 on Wednesday. 25 shares of the company traded hands, compared to its average volume of 498. Valmet Oyj has a 12 month low of C$26.13 and a 12 month high of C$36.00. The firm has a 50 day simple moving average of C$32.55 and a 200 day simple moving average of C$34.40.

Valmet Oyj Company Profile

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.