Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Up 12.4% in April

Key Points

• Short interest rose 12.4% month‑over‑month to 34,982 shares as of April 15, producing a short‑interest ratio of 0.5 days based on average daily volume of 74,770, while reported shorted shares are quoted as 0.0% of the company's shares.
• Stora Enso trades near $11.16 with a market cap of $8.8 billion, a P/E of 11.04, 50‑ and 200‑day moving averages around $12.10, and a 1‑year range of $8.99–$14.41.
• Analyst sentiment is mixed — consensus is an average "Hold" with a $10.80 price target (1 Buy, 3 Hold, 1 Sell) — after a quarter that missed EPS (‑$0.03 vs. $0.04 estimate) but beat revenue ($2.66B vs. $2.26B); full‑year EPS is forecast at 0.67.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 34,982 shares, an increase of 12.4% from the March 31st total of 31,110 shares. Based on an average daily trading volume, of 74,770 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Stora Enso Oyj Stock Performance

OTCMKTS:SEOAY opened at $11.16 on Friday. The stock has a market cap of $8.80 billion, a P/E ratio of 11.04 and a beta of 0.72. The stock has a 50 day simple moving average of $12.10 and a 200 day simple moving average of $12.05. The company has a current ratio of 1.21, a quick ratio of 0.66 and a debt-to-equity ratio of 0.33. Stora Enso Oyj has a 1-year low of $8.99 and a 1-year high of $14.41.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.07). The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.26 billion. Stora Enso Oyj had a return on equity of 3.18% and a net margin of 7.58%. Research analysts anticipate that Stora Enso Oyj will post 0.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SEOAY. The Goldman Sachs Group raised Stora Enso Oyj to a "strong sell" rating in a research report on Tuesday, March 24th. Citigroup reaffirmed a "buy" rating on shares of Stora Enso Oyj in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Stora Enso Oyj has an average rating of "Hold" and an average price target of $10.80.

Stora Enso Oyj Company Profile

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.