Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Drops By 39.1%

Mondi Plc Uns (OTCMKTS:MONDY) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 12,357 shares, a drop of 39.1% from the May 14th total of 20,292 shares. Based on an average daily trading volume, of 540,553 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Mondi Plc Uns Stock Performance

OTCMKTS:MONDY traded up $0.51 on Monday, hitting $19.84. The stock had a trading volume of 64,551 shares, compared to its average volume of 79,023. The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. The business’s 50-day simple moving average is $21.22 and its two-hundred day simple moving average is $22.94. Mondi Plc Uns has a 52-week low of $18.73 and a 52-week high of $33.93.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Zacks Research upgraded Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. The Goldman Sachs Group upgraded Mondi Plc Uns to a “strong-buy” rating in a report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About Mondi Plc Uns

Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.

Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.