Billerud AB (publ) (OTCMKTS:BLRDF) Sees Significant Increase in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 10,600 shares, an increase of 135.6% from the March 31st total of 4,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 106.0 days.

Billerud AB (publ) Price Performance

Billerud AB (publ) stock remained flat at $9.29 during midday trading on Friday. Billerud AB has a 12-month low of $7.19 and a 12-month high of $12.56. The firm’s 50 day simple moving average is $9.00 and its 200-day simple moving average is $9.09.

Billerud AB (publ) Company Profile

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.