Mondi plc (OTCMKTS:MONDY) Short Interest Up 107.7% in May

Mondi plc (OTCMKTS:MONDY - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 8,100 shares, an increase of 107.7% from the May 15th total of 3,900 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MONDY. Citigroup reaffirmed a "buy" rating on shares of Mondi in a research note on Monday, May 12th. Barclays raised shares of Mondi from a "strong sell" rating to a "hold" rating in a report on Monday, April 7th.

Mondi Trading Up 0.1%

OTCMKTS:MONDY traded up $0.03 on Tuesday, hitting $32.16. 4,079 shares of the stock were exchanged, compared to its average volume of 15,498. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.32 and a current ratio of 2.06. Mondi has a 52 week low of $25.53 and a 52 week high of $41.67. The company's 50-day moving average price is $31.09 and its 200 day moving average price is $30.74.

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.