Huhtamäki Oyj (OTCMKTS:HOYFF) Sees Large Drop in Short Interest

Huhtamäki Oyj (OTCMKTS:HOYFF) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 80,573 shares, a decline of 46.6% from the July 15th total of 150,990 shares. Based on an average trading volume of 1 shares, the short-interest ratio is currently 80,573.0 days.

Huhtamäki Oyj Price Performance

Shares of OTCMKTS:HOYFF remained flat at $29.99 during midday trading on Friday. Huhtamäki Oyj has a fifty-two week low of $29.49 and a fifty-two week high of $29.99. The company’s 50 day moving average price is $30.88 and its 200-day moving average price is $33.34.

About Huhtamäki Oyj

Huhtamäki Oyj is a Finland-based global packaging company specializing in sustainable, consumer-centric packaging solutions. Founded in 1920 and headquartered in Espoo, Finland, Huhtamäki operates in fiber-based and plastic packaging markets serving both foodservice and consumer goods sectors. The company’s shares trade on Nasdaq Helsinki and over-the-counter in the U.S. under the symbol HOYFF.

The company’s product portfolio spans molded fiber items, paper cups, flexible plastic packaging, rigid plastic containers and specialty packaging for a range of end uses.