Metso Oyj (OTCMKTS:OUKPY – Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 1,900 shares, an increase of 171.4% from the March 31st total of 700 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is presently 0.2 days.
Metso Oyj Price Performance
OUKPY traded up $0.15 during midday trading on Friday, hitting $5.64. 24,699 shares of the company traded hands, compared to its average volume of 10,668. The company’s 50-day moving average is $5.75 and its 200 day moving average is $5.18. Metso Oyj has a 52 week low of $4.13 and a 52 week high of $6.48.
Metso Oyj Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Monday, April 29th will be issued a $0.0965 dividend. This is an increase from Metso Oyj’s previous dividend of $0.08. The ex-dividend date is Friday, April 26th.
Metso Oyj Company Profile
Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.
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