Sappi Limited (OTCMKTS:SPPJY) Short Interest Update

Sappi Limited (OTCMKTS:SPPJY - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 11,900 shares, an increase of 20.2% from the March 15th total of 9,900 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 2.2 days.

Sappi Stock Performance

Shares of SPPJY stock remained flat at $2.05 during mid-day trading on Friday. The stock had a trading volume of 37 shares, compared to its average volume of 2,867. Sappi has a fifty-two week low of $1.67 and a fifty-two week high of $3.20. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 5.39 and a beta of 0.74. The company has a current ratio of 1.52, a quick ratio of 0.76 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average of $2.19 and a two-hundred day moving average of $2.57.

Sappi (OTCMKTS:SPPJY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $0.14 earnings per share for the quarter. Sappi had a net margin of 4.13% and a return on equity of 12.14%.

Sappi Company Profile

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.