Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY) Shares Shorted: Short Interest Up 68.2% in September

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 683 shares, an increase of 68.2% from the September 15th total of 406 shares. Based on an average daily volume of 5,158 shares, the short-interest ratio is presently 0.1 days.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance

Shares of SCABY stock opened at C$12.15 on Friday. The firm’s fifty day moving average price is C$12.33 and its two-hundred day moving average price is C$11.68. Svenska Cellulosa Aktiebolaget SCA has a 1 year low of C$9.45 and a 1 year high of C$14.35.

About Svenska Cellulosa Aktiebolaget SCA (publ)

Svenska Cellulosa Aktiebolaget SCA (publ) is a Swedish forest industry company focused on managing forest assets and producing renewable, forest-based products. Headquartered in Sundsvall, Sweden, SCA owns and manages extensive forestland in northern Sweden and works across the forest value chain, from timber harvesting and wood supply to manufacturing and renewable energy production.

The company’s principal activities include the production and sale of sawn wood products, kraftliner and other containerboard materials, pulp, and solid biofuels such as wood pellets.