Metso Oyj (OTCMKTS:OUKPY) Sees Large Increase in Short Interest

Metso Oyj (OTCMKTS:OUKPY) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 5,900 shares, a growth of 1,866.7% from the October 15th total of 300 shares. Based on an average daily trading volume, of 25,700 shares, the short-interest ratio is presently 0.2 days.

Metso Oyj Stock Performance

Shares of OTCMKTS OUKPY traded down $0.04 during midday trading on Thursday, reaching $4.25. 26,895 shares of the company were exchanged, compared to its average volume of 35,635. The stock has a fifty day simple moving average of $4.84 and a 200 day simple moving average of $5.23. Metso Oyj has a 1 year low of $4.24 and a 1 year high of $6.40.

Metso Oyj Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, October 25th will be given a dividend of $0.0981 per share. This is a boost from Metso Oyj’s previous dividend of $0.10. The ex-dividend date of this dividend is Friday, October 25th.

Metso Oyj Company Profile

Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.