UPM KYMMENE CORP ORDINARY SHARES (OTCMKTS:UPMKF) Can’t Be More Risky. Short Interest Increased

June 13, 2018 - By Graig Alexander

UPM-Kymmene Oyj (OTCMKTS:UPMKF) Logo

The stock of UPM KYMMENE CORP ORDINARY SHARES (OTCMKTS:UPMKF) registered an increase of 2.45% in short interest. UPMKF’s total short interest was 3.10M shares in June as published by FINRA. Its up 2.45% from 3.03 million shares, reported previously. With 1,000 shares average volume, it will take short sellers 3102 days to cover their UPMKF’s short positions. The short interest to UPM KYMMENE CORP ORDINARY SHARES’s float is 0.59%.

It closed at $37.4851 lastly. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

UPM-Kymmene Oyj operates in the bio and forest industries. The company has market cap of $20.05 billion. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA, UPM Plywood, and Other Operations divisions. It has a 16.75 P/E ratio. The firm provides softwood, birch, and eucalyptus pulp for tissue, specialty, graphic papers, and packaging; wood renewable diesel and naphtha for fuel distributors, transportation, and oil and petrochemicals industries; and sawn timber for joinery, packaging, distribution, and construction industries.

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