Metso Oyj (OTCMKTS:OUKPY) Sees Significant Decrease in Short Interest

Metso Oyj (OTCMKTS:OUKPY) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 32,900 shares, a decline of 14.8% from the February 28th total of 38,600 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is currently 3.4 days.

Metso Oyj Price Performance

OTCMKTS:OUKPY opened at $5.12 on Wednesday. Metso Oyj has a 12-month low of $3.99 and a 12-month high of $6.40. The firm has a 50-day moving average price of $5.43 and a 200 day moving average price of $4.92.

Metso Oyj Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Monday, April 28th will be issued a dividend of $0.1034 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from Metso Oyj’s previous dividend of $0.10.

Metso Oyj Company Profile

Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India. The company operates in two segments: Aggregates and Minerals.