HEXPOL AB (publ) (OTCMKTS:HXPLF) Sees Large Increase in Short Interest

HEXPOL AB (publ) (OTCMKTS:HXPLF) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 85,429 shares, an increase of 630.1% from the May 31st total of 11,701 shares. Based on an average daily trading volume, of 231 shares, the days-to-cover ratio is presently 369.8 days.

HEXPOL AB (publ) Stock Performance

Shares of HXPLF opened at $7.41 on Friday. The stock’s 50-day moving average price is $7.77 and its 200 day moving average price is $8.27. HEXPOL AB has a 12-month low of $7.34 and a 12-month high of $9.93.

About HEXPOL AB (publ)

HEXPOL AB (publ) is a Sweden‐based polymer group specializing in the development, manufacture and sale of polymer compounds and silicone elastomers for a broad array of industrial and consumer applications. Headquartered in Malmö, the company operates through a network of research and production facilities designed to serve both multinational corporations and regional manufacturers.

The company’s product portfolio encompasses rubber and silicone‐based compounds, thermoplastic elastomers and specialty polymer blends.