Short Interest in Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Rises By 69.5%

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 7,364,600 shares, an increase of 69.5% from the July 15th total of 4,345,200 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 4,602.9 days.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

SVCBF stock remained flat at $13.24 during trading on Tuesday. Svenska Cellulosa Aktiebolaget SCA has a 52-week low of $12.14 and a 52-week high of $15.40. The firm has a 50 day simple moving average of $14.37 and a 200-day simple moving average of $14.09.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.