Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Update

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 71,596 shares, a decrease of 74.3% from the August 15th total of 278,631 shares. Based on an average daily volume of 135 shares, the days-to-cover ratio is presently 530.3 days.

Billerud AB (publ) Price Performance

OTCMKTS BLRDF opened at $8.49 on Monday. Billerud AB has a 12-month low of $6.23 and a 12-month high of $9.41. The company has a fifty day simple moving average of $7.54 and a two-hundred day simple moving average of $7.64.

Billerud AB (publ) Company Profile

Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.