UPM-Kymmene Oyj (OTCMKTS:UPMMY) Sees Significant Decrease in Short Interest

UPM-Kymmene Oyj (OTCMKTS:UPMMY) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 100 shares, a drop of 99.5% from the August 31st total of 20,400 shares. Based on an average trading volume of 121,500 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 121,500 shares, the short-interest ratio is currently 0.0 days.

UPM-Kymmene Oyj Stock Down 0.0%

Shares of UPMMY stock opened at $27.31 on Wednesday. UPM-Kymmene Oyj has a 52-week low of $24.20 and a 52-week high of $33.60. The firm’s 50-day moving average is $27.78 and its 200-day moving average is $27.38.

About UPM-Kymmene Oyj

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.