Mondi plc (OTCMKTS:MONDY) Short Interest Down 12.6% in March

Mondi plc (OTCMKTS:MONDY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 21,500 shares, a drop of 12.6% from the February 28th total of 24,600 shares. Based on an average daily trading volume, of 9,900 shares, the short-interest ratio is presently 2.2 days. Currently, 0.0% of the company’s stock are sold short.

Mondi Trading Down 0.9 %

Shares of Mondi stock traded down $0.27 on Thursday, reaching $29.90. The stock had a trading volume of 7,829 shares, compared to its average volume of 18,404. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average price of $31.72 and a 200 day moving average price of $31.95. Mondi has a 1 year low of $27.82 and a 1 year high of $41.67.

Mondi Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, April 4th will be issued a $1.0074 dividend. This is a positive change from Mondi’s previous dividend of $0.45. The ex-dividend date of this dividend is Friday, April 4th.

About Mondi

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.