Billerud AB (publ) (OTCMKTS:BLRDF) Sees Large Decline in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 90,700 shares, a drop of 49.8% from the March 31st total of 180,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Billerud AB (publ) Price Performance

OTCMKTS:BLRDF opened at $11.48 on Wednesday. Billerud AB has a 1 year low of $8.39 and a 1 year high of $11.48. The stock has a 50-day moving average price of $11.05 and a two-hundred day moving average price of $10.04.

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.