Billerud AB (publ) (OTCMKTS:BLRDF) Sees Significant Increase in Short Interest

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 10,600 shares, an increase of 135.6% from the March 31st total of 4,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 106.0 days.

Billerud AB (publ) Stock Performance

BLRDF remained flat at $9.29 on Friday. The company has a 50 day simple moving average of $9.00 and a two-hundred day simple moving average of $9.09. Billerud AB has a 12 month low of $7.19 and a 12 month high of $12.56.

Billerud AB (publ) Company Profile

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.