Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Increases By 55.6%

Key Points

• Short interest in Mondi Plc Uns rose by 55.6% in August, totaling 2,800 shares as of August 31st.
• The company recently announced a dividend payment of $0.4624 per share, with a yield of 501.0%.
• Analysts have mixed ratings on the stock, with the average rating currently at "Moderate Buy", after Zacks Research downgraded it to "strong sell."

Mondi Plc Uns (OTCMKTS:MONDY - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,800 shares, an increase of 55.6% from the August 15th total of 1,800 shares. Based on an average trading volume of 19,200 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 19,200 shares, the short-interest ratio is presently 0.1 days.

Mondi Plc Uns Stock Up 0.4%

OTCMKTS:MONDY traded up $0.10 during trading hours on Monday, reaching $27.08. 220,325 shares of the company were exchanged, compared to its average volume of 14,081. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.07 and a current ratio of 1.87. The stock's 50-day moving average is $29.52 and its 200-day moving average is $30.70. Mondi Plc Uns has a twelve month low of $25.53 and a twelve month high of $39.12.

Mondi Plc Uns Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Monday, August 25th will be given a dividend of $0.4624 per share. The ex-dividend date is Friday, August 22nd. This represents a yield of 501.0%.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Mondi Plc Uns from a "hold" rating to a "strong sell" rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Mondi Plc Uns 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.

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