Could BILLERUD AB SHS SWEDEN (OTCMKTS:BLRDF) Change Direction After Less Shorts?

May 18, 2018 - By Christine Reyes

The stock of BILLERUD AB SHS SWEDEN (OTCMKTS:BLRDF) registered a decrease of 10.36% in short interest. BLRDF’s total short interest was 352,300 shares in May as published by FINRA. Its down 10.36% from 393,000 shares, reported previously.

It closed at $14.7 lastly. It is down 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

BillerudKorsnäs AB provides fiber based packaging materials and packaging solutions in Sweden and internationally. The company has market cap of $3.15 billion. It operates through Packaging Paper, Consumer Board, and Corrugated Solutions divisions. It has a 14.74 P/E ratio. The Packaging Paper segment offers kraft and sack paper for industrial, medical equipment, and consumer sectors; and pulp.

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