Metso Oyj (OTCMKTS:OUKPY – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 19,699 shares, an increase of 2,390.4% from the April 30th total of 791 shares. Based on an average daily volume of 36,883 shares, the short-interest ratio is presently 0.5 days.
Metso Oyj Price Performance
OTCMKTS:OUKPY opened at $9.33 on Thursday. Metso Oyj has a 1-year low of $5.74 and a 1-year high of $10.93. The business’s fifty day moving average price is $8.89 and its 200 day moving average price is $8.98.
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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