Valmet Oyj (OTCMKTS:VOYJF) Short Interest Up 20.8% in June

Valmet Oyj (OTCMKTS:VOYJF) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,324,800 shares, a growth of 20.8% from the May 31st total of 1,096,900 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 4,416.0 days.

Valmet Oyj Price Performance

OTCMKTS VOYJF opened at $29.05 on Friday. Valmet Oyj has a 1-year low of $22.20 and a 1-year high of $29.05. The firm’s fifty day simple moving average is $26.36 and its 200-day simple moving average is $26.66.

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.