Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Update

Billerud AB (publ) (OTCMKTS:BLRDF) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 106,823 shares, an increase of 135.0% from the April 30th total of 45,455 shares. Based on an average daily trading volume, of 91 shares, the short-interest ratio is currently 1,173.9 days.

Billerud AB (publ) Stock Performance

Shares of BLRDF opened at $7.41 on Friday. The firm’s 50-day simple moving average is $7.75 and its 200 day simple moving average is $8.67. Billerud AB has a 52 week low of $6.41 and a 52 week high of $11.50.

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.