Valmet Oyj (OTCMKTS:VOYJF) Sees Significant Increase in Short Interest

Valmet Oyj (OTCMKTS:VOYJFGet Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 1,704,800 shares, a growth of 45.7% from the April 30th total of 1,169,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Valmet Oyj Price Performance

OTCMKTS VOYJF opened at $26.06 on Friday. The firm has a 50-day moving average price of $26.10 and a two-hundred day moving average price of $26.06. Valmet Oyj has a 12-month low of $22.20 and a 12-month high of $34.51.

Valmet Oyj Company Profile

(Get Free Report)

Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific. The company's Process Technologies segment offers pulping process equipment, process islands and complete pulp mills, individual board, tissue and paper machine sections, complete production lines and machine rebuilds, boiler islands, power plants, heating plants, environmental solutions, and technologies for converting biomass to fuels, chemicals, and materials.

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