Short Interest in Billerud AB (publ) (OTCMKTS:BLRDF) Decreases By 85.5%

Billerud AB (publ) (OTCMKTS:BLRDF) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 99,800 shares, a drop of 85.5% from the February 28th total of 687,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 998.0 days.

Billerud AB (publ) Stock Performance

OTCMKTS:BLRDF remained flat at $11.48 during trading hours on Wednesday. Billerud AB has a 1-year low of $8.39 and a 1-year high of $11.48. The company’s fifty day simple moving average is $9.97 and its 200 day simple moving average is $9.80.

Billerud AB (publ) Company Profile

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.