Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Expands By 175.7%

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 621,100 shares, a growth of 175.7% from the November 30th total of 225,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 2,070.3 days.

Billerud AB (publ) Stock Performance

Shares of Billerud AB (publ) stock remained flat at $9.13 on Friday. Billerud AB has a one year low of $8.39 and a one year high of $11.29. The firm’s 50-day moving average is $9.35 and its 200 day moving average is $9.43.

About Billerud AB (publ)

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.