Short Interest in Valmet Oyj (OTCMKTS:VOYJF) Expands By 137.4%

Valmet Oyj (OTCMKTS:VOYJFGet Rating) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 251,900 shares, an increase of 137.4% from the August 15th total of 106,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2,519.0 days.

Analyst Upgrades and Downgrades

Separately, UBS Group decreased their price target on shares of Valmet Oyj from €37.50 ($38.27) to €29.50 ($30.10) in a report on Monday, June 13th.

Valmet Oyj Stock Performance

Shares of OTCMKTS:VOYJF opened at $24.56 on Thursday. Valmet Oyj has a 52-week low of $24.56 and a 52-week high of $24.56. The firm has a fifty day moving average of $26.92 and a 200 day moving average of $28.65.

Valmet Oyj Company Profile

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Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries. The company offers solutions and services for the pulping industry, including chemical pulping, wood handling, cooking and fiber line, pulp drying, chemical recovery, air emission control, other value-adding processes, dissolving pulping, mechanical pulping, recycled fiber, and automation for pulp.

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