Neste OYJ - Unsponsored ADR (OTCMKTS:NTOIY) Short Interest Update

Key Points

• Neste OYJ experienced a dramatic **88.6% decline** in short interest in September, with only **4,700 shares** shorted by the end of the month.
• Analysts have mixed views on Neste OYJ; Zacks upgraded the stock to a **"hold" rating**, while Goldman Sachs downgraded it from **"strong-buy"** to **"hold"**.
• Shares of Neste OYJ rose **0.3%**, reaching **$9.69**, and the company has a market capitalization of **$14.88 billion** with a PE ratio of **18.08**.

Neste OYJ - Unsponsored ADR (OTCMKTS:NTOIY - Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 4,700 shares, a decline of 88.6% from the September 15th total of 41,200 shares. Based on an average daily volume of 97,000 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 97,000 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of analysts have weighed in on NTOIY shares. Zacks Research upgraded Neste OYJ to a "hold" rating in a research report on Tuesday, August 12th. The Goldman Sachs Group cut Neste OYJ from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, September 17th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".

Neste OYJ Trading Up 0.3%

Shares of NTOIY traded up $0.03 during trading hours on Thursday, hitting $9.69. 16,779 shares of the stock traded hands, compared to its average volume of 93,319. Neste OYJ has a 1-year low of $3.75 and a 1-year high of $10.24. The firm has a market capitalization of $14.88 billion and a PE ratio of 18.08. The business has a fifty day moving average of $9.32 and a 200-day moving average of $7.06.

Neste OYJ Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.

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