Metso Oyj (OTCMKTS:OUKPY) Short Interest Up 2,390.4% in May

Metso Oyj (OTCMKTS:OUKPY) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 19,699 shares, a growth of 2,390.4% from the April 30th total of 791 shares. Based on an average trading volume of 36,883 shares, the short-interest ratio is presently 0.5 days.

Metso Oyj Stock Up 1.8%

Shares of OUKPY traded up $0.16 during trading hours on Wednesday, reaching $9.33. The stock had a trading volume of 52,384 shares, compared to its average volume of 42,410. Metso Oyj has a 12 month low of $5.74 and a 12 month high of $10.93. The company’s 50-day moving average is $8.89 and its two-hundred day moving average is $8.98.

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.