Short Interest in UPM-Kymmene Oyj (OTCMKTS:UPMMY) Drops By 93.9%

UPM-Kymmene Oyj (OTCMKTS:UPMMY) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 1,100 shares, a decline of 93.9% from the January 31st total of 18,100 shares. Based on an average trading volume of 130,500 shares, the days-to-cover ratio is presently 0.0 days.

UPM-Kymmene Oyj Trading Down 1.9 %

UPM-Kymmene Oyj stock opened at $29.51 on Friday. UPM-Kymmene Oyj has a 12-month low of $25.95 and a 12-month high of $38.81. The firm’s fifty day moving average is $28.62 and its 200 day moving average is $29.93.

UPM-Kymmene Oyj Company Profile

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.