Could VALMET OYJ ORDINARY SHARES FINLAND (OTCMKTS:VOYJF) See a Reversal After More Sellers Came In?

June 14, 2018 - By Michael Collier

Valmet Oyj (OTCMKTS:VOYJF) Logo

The stock of VALMET OYJ ORDINARY SHARES FINLAND (OTCMKTS:VOYJF) registered an increase of 0.14% in short interest. VOYJF’s total short interest was 715,000 shares in June as published by FINRA. Its up 0.14% from 714,000 shares, reported previously. With 100 shares average volume, it will take short sellers 7150 days to cover their VOYJF’s short positions.

It closed at $18.2 lastly. It is down 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Valmet Oyj, together with its subsidiaries, designs, develops, and produces process technologies, automation and services for the pulp, paper, and energy industries in Finland, North America, South America, Europe, the Middle East, Africa, China, and the Asia-Pacific. The company has market cap of $2.88 billion. It offers pulping and fiber products, including wood handling, heat and power production, chemical and dissolving pulping, white liquor, chemical recovery, pulp drying, mechanical pulping, and fiberboard products; and board and paper mill products, such as recycled fiber, stock preparation, headbox, forming, pressing, drying, process ventilation, sizing, coating, coating drying, chemical, calendering, reeling, and winders and roll handling systems, as well as tissue mill products. It has a 17.62 P/E ratio. The firm also provides energy production equipment, including bubbling fluidized bed and circulating fluidized bed boilers, gasification, power plant, heating plant, air pollution control, combustion equipment, other services; iron products, sluice gates seals and shutters, filter fabrics for mining and chemical industry; biofuels and biomaterials; and automation services.

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