Short Interest in Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Decreases By 42.0%

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,803,300 shares, a decrease of 42.0% from the January 31st total of 4,836,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 28,033.0 days.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

Shares of OTCMKTS SVCBF opened at $13.76 on Tuesday. Svenska Cellulosa Aktiebolaget SCA has a fifty-two week low of $12.20 and a fifty-two week high of $15.17. The stock’s 50-day simple moving average is $13.06 and its 200-day simple moving average is $13.18.

About Svenska Cellulosa Aktiebolaget SCA (publ)

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.