Short Interest in Mondi plc (OTCMKTS:MONDY) Drops By 62.8%

Mondi plc (OTCMKTS:MONDY) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 25,300 shares, a decrease of 62.8% from the January 15th total of 68,000 shares. Based on an average trading volume of 94,900 shares, the short-interest ratio is presently 0.3 days.

Mondi Trading Down 0.9 %

OTCMKTS MONDY traded down $0.29 during trading on Wednesday, reaching $30.80. 9,419 shares of the company’s stock traded hands, compared to its average volume of 37,681. The company has a current ratio of 2.06, a quick ratio of 1.32 and a debt-to-equity ratio of 0.36. The company’s 50 day simple moving average is $29.96 and its two-hundred day simple moving average is $33.37. Mondi has a 12-month low of $27.82 and a 12-month high of $41.67.

Analyst Upgrades and Downgrades

MONDY has been the topic of a number of research reports. UBS Group upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a report on Friday, October 18th. Barclays lowered shares of Mondi from a “hold” rating to a “strong sell” rating in a report on Monday, November 11th.

Mondi Company Profile

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.