Wasau Paper (WPP +15%) is trading higher, largely due to short covering after Q2 earnings...

|By:, SA News Editor

Wasau Paper (WPP +15%) is trading higher, largely due to short covering after Q2 earnings marginally beat estimates. The stock's been a poor performer all year, down nearly 30%, and short interest had increased significantly ahead of its earnings report, with over 8 days needed to cover.