Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Down 34.7% in August

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 278,631 shares, a drop of 34.7% from the July 30th total of 426,848 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Billerud AB (publ) Price Performance

Shares of OTCMKTS:BLRDF opened at $8.02 on Tuesday. The company has a 50 day moving average of $7.17 and a 200-day moving average of $7.69. Billerud AB has a twelve month low of $6.23 and a twelve month high of $9.41.

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.