Short Interest in Outokumpu Oyj (OTCMKTS:OUTFF) Rises By 138.9%

Outokumpu Oyj (OTCMKTS:OUTFF) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 853,100 shares, a growth of 138.9% from the August 15th total of 357,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Outokumpu Oyj Stock Performance

OUTFF stock remained flat at $3.01 during trading hours on Monday. The company’s fifty day moving average is $3.00 and its 200-day moving average is $3.00. Outokumpu Oyj has a 1-year low of $2.95 and a 1-year high of $3.01.

About Outokumpu Oyj

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.