Metso Oyj (OTCMKTS:OUKPY) Sees Large Decrease in Short Interest
by Scott Moore · The Cerbat GemMetso Oyj (OTCMKTS:OUKPY – Get Free Report) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 791 shares, a decrease of 96.0% from the April 15th total of 19,675 shares. Based on an average daily trading volume, of 69,832 shares, the short-interest ratio is presently 0.0 days.
Metso Oyj Stock Up 0.5%
OUKPY stock traded up $0.04 on Monday, reaching $8.75. 31,800 shares of the company traded hands, compared to its average volume of 39,887. The firm has a fifty day simple moving average of $9.00 and a 200-day simple moving average of $8.90. Metso Oyj has a one year low of $5.45 and a one year high of $10.93.
About Metso Oyj
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.