UPM-Kymmene Oyj (OTCMKTS:UPMMY – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 325 shares, a decrease of 98.8% from the October 15th total of 27,681 shares. Based on an average trading volume of 105,709 shares, the days-to-cover ratio is presently 0.0 days.
UPM-Kymmene Oyj Price Performance
UPMMY stock traded up $0.24 during midday trading on Wednesday, hitting $24.70. 78,837 shares of the company’s stock were exchanged, compared to its average volume of 68,871. The firm has a 50 day moving average price of $27.75 and a 200-day moving average price of $28.66. UPM-Kymmene Oyj has a 12-month low of $23.65 and a 12-month high of $33.04.
About UPM-Kymmene Oyj
UPM-Kymmene Oyj is a Finland-based forest industry company that develops and manufactures renewable, fiber-based products and solutions. Its business activities include pulp, timber, specialty papers, label materials, communication papers, energy, and emerging biochemical products made from wood-based raw materials. The company operates through businesses such as UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Biochemicals. Its products serve customers in areas including packaging, labeling, publishing, advertising, hygiene, construction, and industrial applications.
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