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

Metso Oyj (OTCMKTS:OUKPY) was the target of a large growth in short interest in 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 daily volume of 36,883 shares, the days-to-cover ratio is presently 0.5 days.

Metso Oyj Trading Down 0.3%

Metso Oyj stock traded down $0.03 during mid-day trading on Friday, reaching $9.42. 16,748 shares of the company traded hands, compared to its average volume of 41,923. Metso Oyj has a fifty-two week low of $5.74 and a fifty-two week high of $10.93. The firm’s fifty day moving average is $8.91 and its two-hundred day moving average is $8.99.

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.