Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,110 shares, a growth of 2,900.0% from the July 30th total of 37 shares. Based on an average daily volume of 147 shares, the short-interest ratio is currently 7.6 days.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas Exane assumed coverage on shares of Svenska Cellulosa Aktiebolaget SCA (publ) in a research note on Wednesday, June 10th. They issued a “neutral” rating for the company. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Svenska Cellulosa Aktiebolaget SCA (publ) presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on SCABY
Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance
Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile
Svenska Cellulosa Aktiebolaget SCA (publ) is a Sweden‐based forestry and paper products company whose American depositary shares trade over the counter under the symbol SCABY. The company’s core operations encompass sustainable forest management, pulp production and the manufacture of renewable packaging materials. SCA positions itself as a provider of high‐quality containerboard, corrugated packaging solutions and market pulp, serving a range of industries from food and beverage to e-commerce logistics.
SCA manages one of Europe’s largest private forest estates, principally located in northern Sweden, where it applies certified sustainable practices to balance wood production, biodiversity and carbon sequestration.
See Also
- Five stocks we like better than Svenska Cellulosa Aktiebolaget SCA (publ)
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Receive News & Ratings for Svenska Cellulosa Aktiebolaget SCA (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Svenska Cellulosa Aktiebolaget SCA (publ) and related companies with MarketBeat.com's FREE daily email newsletter.
