Mondi plc (OTCMKTS:MONDY) Short Interest Update

Mondi plc (OTCMKTS:MONDY - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 8,100 shares, a growth 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 presently 0.8 days. Approximately 0.0% of the shares of the stock are sold short.

Mondi Stock Down 0.2%

OTCMKTS:MONDY traded down $0.05 during mid-day trading on Friday, reaching $32.16. The stock had a trading volume of 7,647 shares, compared to its average volume of 15,653. The stock has a 50-day simple moving average of $30.96 and a two-hundred day simple moving average of $30.73. 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 12 month low of $25.53 and a 12 month high of $41.67.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MONDY. Citigroup reissued 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 research note on Monday, April 7th.

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.