UPM-Kymmene Oyj (OTCMKTS:UPMMY) Short Interest Update

UPM-Kymmene Oyj (OTCMKTS:UPMMY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 57,300 shares, a growth of 516.1% from the December 31st total of 9,300 shares. Based on an average trading volume of 331,900 shares, the days-to-cover ratio is currently 0.2 days.

UPM-Kymmene Oyj Stock Down 0.6 %

Shares of UPMMY stock traded down $0.17 during trading hours on Wednesday, reaching $29.14. 42,169 shares of the stock traded hands, compared to its average volume of 140,957. The business has a fifty day moving average price of $27.49 and a 200 day moving average price of $30.37. UPM-Kymmene Oyj has a 1-year low of $25.95 and a 1-year high of $38.81.

About UPM-Kymmene Oyj

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.