Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Update

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 52,654 shares, a decrease of 42.6% from the February 26th total of 91,793 shares. Based on an average daily trading volume, of 48 shares, the days-to-cover ratio is presently 1,097.0 days.

Billerud AB (publ) Price Performance

Shares of Billerud AB (publ) stock remained flat at $8.20 during trading on Friday. Billerud AB has a 12-month low of $8.20 and a 12-month high of $11.50. The business’s 50 day moving average is $8.89 and its two-hundred day moving average is $9.07.

About Billerud AB (publ)

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.