HEXPOL AB (publ) (OTCMKTS:HXPLF) Sees Large Increase in Short Interest

HEXPOL AB (publ) (OTCMKTS:HXPLF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 85,429 shares, an increase of 630.1% from the May 31st total of 11,701 shares. Based on an average trading volume of 231 shares, the days-to-cover ratio is currently 369.8 days.

HEXPOL AB (publ) Stock Performance

Shares of HXPLF opened at $7.41 on Friday. HEXPOL AB has a 12 month low of $7.34 and a 12 month high of $9.93. The company has a 50-day moving average price of $7.77 and a two-hundred day moving average price of $8.27.

HEXPOL AB (publ) Company Profile

HEXPOL AB (publ) is a Sweden‐based polymer group specializing in the development, manufacture and sale of polymer compounds and silicone elastomers for a broad array of industrial and consumer applications. Headquartered in Malmö, the company operates through a network of research and production facilities designed to serve both multinational corporations and regional manufacturers.

The company’s product portfolio encompasses rubber and silicone‐based compounds, thermoplastic elastomers and specialty polymer blends.