Will UPM KYMMENE CORP ORDINARY SHARES (OTCMKTS:UPMKF) Run Out of Steam Soon? Short Interest Is Down

March 14, 2018 - By Vivian Currie

The stock of UPM KYMMENE CORP ORDINARY SHARES (OTCMKTS:UPMKF) registered a decrease of 6.51% in short interest. UPMKF’s total short interest was 4.15 million shares in March as published by FINRA. Its down 6.51% from 4.44M shares, reported previously. With 100 shares average volume, it will take short sellers 41545 days to cover their UPMKF’s short positions. The short interest to UPM KYMMENE CORP ORDINARY SHARES’s float is 0.79%.

It closed at $31.55 lastly. It is down 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

UPM-Kymmene Oyj operates in the bio and forest industries. The company has market cap of $18.88 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 13.97 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.

More notable recent UPM-Kymmene Oyj (OTCMKTS:UPMKF) news were published by: Nasdaq.com which released: “UPM-Kymmene Corporation: Managers’ Transactions (Eikens)” on February 19, 2018, also Nasdaq.com with their article: “Is UPM-Kymmene (UPMKY) a Great Stock for Value Investors?” published on March 31, 2017, Seekingalpha.com published: “UPM-Kymmene’s (UPMKF) CEO Jussi Pesonen on Q3 2017 Results – Earnings Call …” on October 24, 2017. More interesting news about UPM-Kymmene Oyj (OTCMKTS:UPMKF) were released by: Seekingalpha.com and their article: “UPM-Kymmene’s (UPMKF) CEO Jussi Pesonen on Q2 2017 Results – Earnings Call …” published on July 25, 2017 as well as Globenewswire.com‘s news article titled: “Financial Statements Release 2017: Excellent finish to the record-strong year 2017” with publication date: January 31, 2018.

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