Huhtamäki Oyj (OTCMKTS:HOYFF – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 51,924 shares, a decrease of 35.6% from the July 30th total of 80,573 shares. Based on an average daily volume of 1,243 shares, the days-to-cover ratio is presently 41.8 days.
Huhtamäki Oyj Price Performance
Shares of OTCMKTS HOYFF remained flat at $36.73 during midday trading on Tuesday. 359 shares of the company traded hands, compared to its average volume of 420. Huhtamäki Oyj has a 12-month low of $29.49 and a 12-month high of $37.04. The firm has a fifty day simple moving average of $30.93 and a 200-day simple moving average of $33.33.
About Huhtamäki Oyj
Huhtamäki Oyj is a Finland-based global packaging company specializing in sustainable, consumer-centric packaging solutions. Founded in 1920 and headquartered in Espoo, Finland, Huhtamäki operates in fiber-based and plastic packaging markets serving both foodservice and consumer goods sectors. The company’s shares trade on Nasdaq Helsinki and over-the-counter in the U.S. under the symbol HOYFF.
The company’s product portfolio spans molded fiber items, paper cups, flexible plastic packaging, rigid plastic containers and specialty packaging for a range of end uses.
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