Metso Oyj (OTCMKTS:OUKPY – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 21,694 shares, a decline of 75.1% from the July 30th total of 87,191 shares. Based on an average daily volume of 76,119 shares, the days-to-cover ratio is currently 0.3 days.
Metso Oyj Stock Performance
OTCMKTS:OUKPY traded up $0.01 during mid-day trading on Thursday, hitting $10.69. 9,035 shares of the stock traded hands, compared to its average volume of 46,268. Metso Oyj has a 52 week low of $6.17 and a 52 week high of $10.93. The firm’s 50 day moving average is $9.12 and its two-hundred day moving average is $9.14.
About Metso Oyj
Metso Oyj is a Finnish industrial machinery and services company specializing in technology and equipment for mining, aggregates and recycling industries. The company designs, manufactures and services a comprehensive product portfolio that includes crushers, screens, grinding mills and pumps. Metso’s service offerings encompass maintenance, spare parts supply, condition monitoring and process optimization, all aimed at enhancing productivity and minimizing downtime for its customers worldwide.
Established in 1999 through the merger of Valmet’s paper and forest machinery operations and Outokumpu’s mining and rock-crushing businesses, Metso has expanded its capabilities via strategic acquisitions and partnerships.
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