Sappi Limited (OTCMKTS:SPPJY) Short Interest Up 236.1% in April

Sappi Limited (OTCMKTS:SPPJY - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 40,000 shares, a growth of 236.1% from the March 31st total of 11,900 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 10,600 shares, the short-interest ratio is currently 3.8 days.

Sappi Stock Up 1.5 %

Shares of OTCMKTS SPPJY traded up $0.03 during trading on Wednesday, reaching $2.08. 5,002 shares of the stock were exchanged, compared to its average volume of 2,908. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 5.47 and a beta of 0.74. The business's 50-day moving average price is $2.16 and its 200 day moving average price is $2.56. The company has a quick ratio of 0.76, a current ratio of 1.52 and a debt-to-equity ratio of 0.57. Sappi has a twelve month low of $1.67 and a twelve month high of $3.20.

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

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.