Metso Oyj (OTCMKTS:OUKPY – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 87,191 shares, an increase of 81.8% from the July 15th total of 47,972 shares. Based on an average daily volume of 175,747 shares, the days-to-cover ratio is currently 0.5 days.
Metso Oyj Stock Up 1.8%
OTCMKTS:OUKPY traded up $0.17 during trading hours on Monday, hitting $9.65. 14,402 shares of the company were exchanged, compared to its average volume of 46,926. Metso Oyj has a one year low of $6.11 and a one year high of $10.93. The company has a fifty day simple moving average of $8.93 and a 200 day simple moving average of $9.14.
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.
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