Metso Oyj (OTCMKTS:OUKPY – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 47,850 shares, a growth of 93.8% from the June 15th total of 24,693 shares. Based on an average daily trading volume, of 85,143 shares, the short-interest ratio is presently 0.6 days.
Metso Oyj Trading Down 0.6%
Shares of Metso Oyj stock opened at $8.70 on Friday. The company has a 50 day simple moving average of $8.84 and a two-hundred day simple moving average of $9.12. Metso Oyj has a 1 year low of $6.02 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.
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