Metso Oyj (OTCMKTS:OUKPY) Sees Significant Decrease in Short Interest

Metso Oyj (OTCMKTS:OUKPY) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 32,900 shares, a decrease of 14.8% from the February 28th total of 38,600 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 3.4 days.

Metso Oyj Price Performance

Shares of OTCMKTS OUKPY opened at $5.12 on Wednesday. The business’s 50-day simple moving average is $5.43 and its 200-day simple moving average is $4.92. Metso Oyj has a 52 week low of $3.99 and a 52 week high of $6.40.

Metso Oyj Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Monday, April 28th will be issued a dividend of $0.1034 per share. The ex-dividend date of this dividend is Monday, April 28th. This is an increase from Metso Oyj’s previous dividend of $0.10.

About Metso Oyj

Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.