Metso Oyj (OTCMKTS:OUKPY) Short Interest Up 1,866.7% in October

Metso Oyj (OTCMKTS:OUKPY) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 5,900 shares, an increase of 1,866.7% from the October 15th total of 300 shares. Based on an average daily trading volume, of 25,700 shares, the days-to-cover ratio is currently 0.2 days.

Metso Oyj Price Performance

Shares of Metso Oyj stock traded down $0.04 on Thursday, hitting $4.25. The company’s stock had a trading volume of 26,895 shares, compared to its average volume of 35,635. The firm has a fifty day moving average price of $4.84 and a 200-day moving average price of $5.23. Metso Oyj has a 52-week low of $4.24 and a 52-week high of $6.40.

Metso Oyj Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, October 25th will be given a $0.0981 dividend. The ex-dividend date of this dividend is Friday, October 25th. This is a positive change from Metso Oyj’s previous dividend of $0.10.

About Metso Oyj

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.