Billerud AB (publ) (OTCMKTS:BLRDF) Shares Shorted: Short Interest Down 66.5% in October

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 26,506 shares, a decrease of 66.5% from the September 30th total of 79,180 shares. Based on an average trading volume of 91 shares, the days-to-cover ratio is currently 291.3 days.

Billerud AB (publ) Stock Performance

BLRDF opened at $8.13 on Friday. The business has a fifty day simple moving average of $8.30 and a 200 day simple moving average of $7.99. Billerud AB has a 1 year low of $6.23 and a 1 year high of $9.41.

Billerud AB (publ) Company Profile

Billerud AB (publ) is a Swedish packaging materials and paper company headquartered in Solna, Sweden. The company develops and manufactures renewable, fiber-based materials designed to replace fossil-based and other less sustainable packaging solutions.

Its product portfolio includes kraft paper, sack and bag paper, cartonboard, containerboard, and other paper-based packaging materials. These products are used in areas such as food and beverage packaging, consumer goods, industrial packaging, medical and hygiene applications, and shipping containers.