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

Billerud AB (publ) (OTCMKTS:BLRDF) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 11,492 shares, a decline of 77.8% from the November 30th total of 51,677 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Billerud AB (publ) Stock Performance

Shares of BLRDF opened at $9.41 on Friday. The business has a 50-day moving average of $9.19 and a 200-day moving average of $9.72. Billerud AB has a 1 year low of $8.59 and a 1 year high of $11.50.

Billerud AB (publ) Company Profile

Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.