Billerud AB (publ) (OTCMKTS:BLRDF) Short Interest Down 42.6% in March

Billerud AB (publ) (OTCMKTS:BLRDF) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 52,654 shares, a decline of 42.6% from the February 26th total of 91,793 shares. Based on an average daily volume of 48 shares, the short-interest ratio is presently 1,097.0 days.

Billerud AB (publ) Price Performance

Shares of OTCMKTS BLRDF remained flat at $8.20 during midday trading on Friday. Billerud AB has a one year low of $8.20 and a one year high of $11.50. The stock’s 50 day moving average is $8.87 and its two-hundred day moving average is $9.06.

Billerud AB (publ) Company Profile

Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.