Essity AB (publ) (OTCMKTS:ETTYF) Sees Significant Decline in Short Interest

Essity AB (publ) (OTCMKTS:ETTYF) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,062,683 shares, a drop of 58.2% from the June 15th total of 2,545,042 shares. Based on an average daily volume of 221 shares, the days-to-cover ratio is presently 4,808.5 days.

Essity AB (publ) Price Performance

Shares of OTCMKTS ETTYF opened at $27.91 on Thursday. Essity AB has a 1 year low of $24.65 and a 1 year high of $29.99. The stock’s 50-day simple moving average is $27.26 and its 200-day simple moving average is $27.84.

About Essity AB (publ)

Essity AB (publ) is a leading global hygiene and health company headquartered in Stockholm, Sweden. The firm was established as an independent entity in April 2017 following a demerger from Swedish forest products group SCA. Since its spin-off, Essity has focused on delivering innovative solutions in personal care, tissue, and professional hygiene, supported by a commitment to sustainability and responsible sourcing.

Essity operates through two primary business areas: Consumer Tissue and Personal Care.