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

Metso Oyj (OTCMKTS:OUKPY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 47,850 shares, a growth of 93.8% from the June 15th total of 24,693 shares. Based on an average trading volume of 85,143 shares, the short-interest ratio is presently 0.6 days.

Metso Oyj Trading Down 0.9%

OTCMKTS OUKPY traded down $0.07 during trading hours on Friday, reaching $8.68. 30,620 shares of the stock traded hands, compared to its average volume of 42,633. The stock has a 50 day simple moving average of $8.84 and a two-hundred day simple moving average of $9.12. Metso Oyj has a 1 year low of $6.02 and a 1 year high of $10.93.

Metso Oyj Company Profile

Metso Oyj is a Finnish industrial machinery and services company specializing in technology and equipment for mining, aggregates and recycling industries. The company designs, manufactures and services a comprehensive product portfolio that includes crushers, screens, grinding mills and pumps. Metso’s service offerings encompass maintenance, spare parts supply, condition monitoring and process optimization, all aimed at enhancing productivity and minimizing downtime for its customers worldwide.

Established in 1999 through the merger of Valmet’s paper and forest machinery operations and Outokumpu’s mining and rock-crushing businesses, Metso has expanded its capabilities via strategic acquisitions and partnerships.