Short Interest in Kemira Oyj (OTCMKTS:KOYJF) Drops By 15.9%

Kemira Oyj (OTCMKTS:KOYJFGet Rating) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 188,800 shares, a decline of 15.9% from the May 15th total of 224,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,888.0 days.

OTCMKTS KOYJF remained flat at $$12.75 during trading hours on Friday. 200 shares of the company traded hands, compared to its average volume of 380. Kemira Oyj has a 12 month low of $12.75 and a 12 month high of $15.25. The stock has a 50 day simple moving average of $13.30 and a two-hundred day simple moving average of $14.24.

Kemira Oyj Company Profile (Get Rating)

Kemira Oyj operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates in two segments, Pulp & Paper and Industry & Water. The Pulp & Paper segment develops and commercializes pulp, paper, and packaging chemicals, as well as a range of products for paper wet-end, including packaging and board, and tissue products.

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