Metso Oyj (OTCMKTS:OUKPY) Sees Large Increase in Short Interest

Metso Oyj (OTCMKTS:OUKPY) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 47,850 shares, an increase of 93.8% from the June 15th total of 24,693 shares. Based on an average daily volume of 85,143 shares, the short-interest ratio is presently 0.6 days.

Metso Oyj Price Performance

OUKPY stock traded down $0.06 during trading on Thursday, reaching $8.72. 12,402 shares of the stock were exchanged, compared to its average volume of 42,378. The business has a 50 day moving average price of $8.83 and a 200-day moving average price of $9.12. Metso Oyj has a 1 year low of $6.02 and a 1 year high of $10.93.

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.