Short Interest in Valmet Oyj (OTCMKTS:VOYJF) Drops By 33.1%

Valmet Oyj (OTCMKTS:VOYJF) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 940,900 shares, a decline of 33.1% from the March 31st total of 1,407,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 9,409.0 days.

Valmet Oyj Price Performance

Shares of OTCMKTS:VOYJF remained flat at $26.06 during midday trading on Monday. Valmet Oyj has a 1 year low of $22.20 and a 1 year high of $34.51. The firm has a 50-day moving average of $26.60 and a 200-day moving average of $25.68.

Valmet Oyj Company Profile

Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific. The company's Process Technologies segment offers pulping process equipment, process islands and complete pulp mills, individual board, tissue and paper machine sections, complete production lines and machine rebuilds, boiler islands, power plants, heating plants, environmental solutions, and technologies for converting biomass to fuels, chemicals, and materials.