Huhtamäki Oyj (OTCMKTS:HOYFF – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 20,009 shares, a drop of 61.5% from the August 15th total of 51,924 shares. Based on an average daily trading volume, of 155 shares, the short-interest ratio is presently 129.1 days.
Huhtamäki Oyj Price Performance
OTCMKTS:HOYFF remained flat at $36.73 during trading hours on Friday. Huhtamäki Oyj has a 1-year low of $29.49 and a 1-year high of $37.04. The company has a 50 day simple moving average of $32.18 and a two-hundred day simple moving average of $33.47.
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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