Mondi Plc Uns (OTCMKTS:MONDY) Sees Large Decline in Short Interest

Mondi Plc Uns (OTCMKTS:MONDYGet Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 32,129 shares, a decrease of 35.7% from the April 15th total of 49,965 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 97,363 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on Mondi Plc Uns

Mondi Plc Uns Price Performance

OTCMKTS:MONDY traded up $0.02 during midday trading on Tuesday, hitting $19.42. The company’s stock had a trading volume of 221,690 shares, compared to its average volume of 74,035. Mondi Plc Uns has a fifty-two week low of $19.13 and a fifty-two week high of $33.93. The firm’s 50 day moving average is $22.16 and its 200-day moving average is $23.27. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.53 and a quick ratio of 0.87.

About Mondi Plc Uns

(Get Free Report)

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.

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