What Next for UPONOR OYJ ORDINARY SHARES (OTCMKTS:UPNRF) Stock After Decrease in Shorted Shares?

March 14, 2018 - By Linda Rogers

The stock of UPONOR OYJ ORDINARY SHARES (OTCMKTS:UPNRF) registered a decrease of 8.76% in short interest. UPNRF’s total short interest was 60,400 shares in March as published by FINRA. Its down 8.76% from 66,200 shares, reported previously. With 100 shares average volume, it will take short sellers 604 days to cover their UPNRF’s short positions. The short interest to UPONOR OYJ ORDINARY SHARES’s float is 0.13%.

It closed at $19.2 lastly. It is down 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Uponor Oyj provides plumbing and indoor climate solutions for the building and utility sectors in Europe and North America. The company has market cap of $1.31 billion. It operates in three divisions: Building Solutions – Europe, Building Solutions – North America, and Uponor Infra. It has a 18.86 P/E ratio. The firm offers drinking water delivery systems, such as hygienic control, multilayer pipe, and flexible pipe systems; radiant heating and cooling systems, such as underfloor heating, wall heating, ceiling heating, and cooling systems, as well as distribution units, supply water temperature controls, and room temperature controls; ventilation and the pre-insulated systems; and pre-insulated pipes for heat distribution and cooling distribution networks, warm tap water transportation, and cold water supply, as well as radiator connection components.

More notable recent Uponor Oyj (OTCMKTS:UPNRF) news were published by: Globenewswire.com which released: “Uponor Board resolves to continue key management incentive plan” on December 13, 2017, also Globenewswire.com with their article: “Invitation to Uponor’s 2017 results briefing” published on February 05, 2018, Plasticsnews.com published: “Uponor invests $10 million in smart water venture” on February 16, 2018. More interesting news about Uponor Oyj (OTCMKTS:UPNRF) were released by: Globenewswire.com and their article: “M.Sc. Minna Blomqvist appointed EVP HR at Uponor” published on June 15, 2017 as well as Globenewswire.com‘s news article titled: “Uponor inaugurates factory and sales office in China” with publication date: May 25, 2017.

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