Valmet Oyj (OTCMKTS:VOYJF) Sees Large Increase in Short Interest

Valmet Oyj (OTCMKTS:VOYJF) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,324,800 shares, an increase of 20.8% from the May 31st total of 1,096,900 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 4,416.0 days.

Valmet Oyj Stock Performance

OTCMKTS VOYJF opened at $29.05 on Tuesday. Valmet Oyj has a fifty-two week low of $22.20 and a fifty-two week high of $29.05. The business has a 50 day moving average price of $26.42 and a two-hundred day moving average price of $26.68.

About Valmet Oyj

Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific. The company's Process Technologies segment offers pulping process equipment, process islands and complete pulp mills, individual board, tissue and paper machine sections, complete production lines and machine rebuilds, boiler islands, power plants, heating plants, environmental solutions, and technologies for converting biomass to fuels, chemicals, and materials.