Outokumpu Oyj (OTCMKTS:OUTFF) Short Interest Down 12.2% in January

Outokumpu Oyj (OTCMKTS:OUTFF) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 2,306,418 shares, a decrease of 12.2% from the December 31st total of 2,628,010 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Outokumpu Oyj Price Performance

Shares of OUTFF opened at $4.88 on Wednesday. The company’s 50 day moving average price is $4.81 and its 200 day moving average price is $4.16. Outokumpu Oyj has a 52 week low of $4.39 and a 52 week high of $4.88.

Outokumpu Oyj Company Profile

Outokumpu Oyj is a leading stainless steel producer headquartered in Helsinki, Finland. The company specializes in the production, processing and distribution of a full range of stainless steel products, including hot‐rolled and cold‐rolled coil, sheet, plate, bars, tubes and wires. With a focus on high‐performance and corrosion‐resistant steel grades, Outokumpu serves industries such as automotive, construction, energy, chemical processing and consumer goods, offering tailored solutions to meet demanding quality and environmental standards.

Founded in 1910 originally as a copper mining and smelting enterprise, Outokumpu transitioned into stainless steel production in the late 20th century, building on its metallurgical expertise to become one of the world’s foremost suppliers of stainless steel.