Metso Oyj (OTCMKTS:OUKPY) Short Interest Up 81.8% in July

Metso Oyj (OTCMKTS:OUKPY) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 87,191 shares, a growth of 81.8% from the July 15th total of 47,972 shares. Based on an average daily volume of 175,747 shares, the days-to-cover ratio is presently 0.5 days.

Metso Oyj Price Performance

Shares of OTCMKTS:OUKPY traded down $0.40 during mid-day trading on Tuesday, reaching $9.29. The stock had a trading volume of 3,567 shares, compared to its average volume of 46,773. The business’s 50 day moving average price is $8.94 and its 200 day moving average price is $9.14. Metso Oyj has a 1 year low of $6.11 and a 1 year high of $10.93.

About Metso Oyj

Metso Oyj is a Finnish industrial machinery and services company specializing in technology and equipment for mining, aggregates and recycling industries. The company designs, manufactures and services a comprehensive product portfolio that includes crushers, screens, grinding mills and pumps. Metso’s service offerings encompass maintenance, spare parts supply, condition monitoring and process optimization, all aimed at enhancing productivity and minimizing downtime for its customers worldwide.

Established in 1999 through the merger of Valmet’s paper and forest machinery operations and Outokumpu’s mining and rock-crushing businesses, Metso has expanded its capabilities via strategic acquisitions and partnerships.