Valmet Oyj (OTCMKTS:VOYJF) Sees Large Decrease in Short Interest

Valmet Oyj (OTCMKTS:VOYJF) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 810,900 shares, a drop of 26.0% from the October 15th total of 1,095,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Valmet Oyj Stock Down 20.7 %

Shares of VOYJF traded down $6.26 during midday trading on Friday, hitting $24.00. 100 shares of the company traded hands, compared to its average volume of 467. The firm has a 50 day moving average of $29.97 and a 200-day moving average of $28.23. Valmet Oyj has a 52 week low of $22.20 and a 52 week high of $31.00.

About Valmet Oyj

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.