UPM-Kymmene Oyj (OTCMKTS:UPMMY) Sees Significant Decrease in Short Interest

UPM-Kymmene Oyj (OTCMKTS:UPMMY) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 100 shares, a decrease of 99.5% from the August 31st total of 20,400 shares. Based on an average trading volume of 121,500 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 121,500 shares, the days-to-cover ratio is presently 0.0 days.

UPM-Kymmene Oyj Stock Up 1.1%

OTCMKTS UPMMY opened at $27.61 on Thursday. The firm’s fifty day moving average price is $27.76 and its two-hundred day moving average price is $27.38. UPM-Kymmene Oyj has a 1 year low of $24.20 and a 1 year high of $33.59.

UPM-Kymmene Oyj Company Profile

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.