Metso Oyj (OTCMKTS:OUKPY) Short Interest Up 325.9% in December

Metso Oyj (OTCMKTS:OUKPY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 7,087 shares, an increase of 325.9% from the November 30th total of 1,664 shares. Based on an average trading volume of 6,536 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 6,536 shares, the days-to-cover ratio is currently 1.1 days.

Metso Oyj Price Performance

Shares of OUKPY traded down $0.05 during trading hours on Friday, hitting $8.77. The company’s stock had a trading volume of 526 shares, compared to its average volume of 8,272. The business has a 50 day simple moving average of $8.09 and a two-hundred day simple moving average of $7.07. Metso Oyj has a 52-week low of $4.04 and a 52-week high of $8.82.

Metso Oyj Company Profile

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.