Sappi Ltd. (OTCMKTS:SPPJY) Sees Significant Increase in Short Interest

Posted by Geri Gentry on Jun 10th, 2026

Sappi Ltd. (OTCMKTS:SPPJY – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 23,624 shares, an increase of 817.8% from the May 14th total of 2,574 shares. Based on an average trading volume of 17,380 shares, the short-interest ratio is currently 1.4 days. Approximately 0.0% of the company’s stock are sold short.

Sappi Trading Down 4.8%

Shares of OTCMKTS SPPJY opened at $0.70 on Wednesday. Sappi has a 1 year low of $0.68 and a 1 year high of $2.10. The stock has a market cap of $423.21 million, a P/E ratio of -0.63 and a beta of 0.55. The firm has a 50-day moving average of $0.96 and a 200 day moving average of $1.18. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.35 and a quick ratio of 0.70.

Sappi (OTCMKTS:SPPJY – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The basic materials company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Sappi had a negative net margin of 12.70% and a negative return on equity of 4.85%. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.40 billion. As a group, sell-side analysts expect that Sappi will post -0.18 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Sappi from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Sappi presently has an average rating of “Hold”.

Get Our Latest Analysis on Sappi

About Sappi

(Get Free Report)

Sappi Limited, trading on the OTCMKTS as SPPJY, is a global pulp and paper company headquartered in Johannesburg, South Africa. Originally established in 1936 as South African Pulp and Paper Industries, Sappi has grown into a diversified manufacturer of dissolving wood pulp, graphic papers, packaging and specialty papers. The company serves customers in over 150 countries and operates a network of mills and sales offices across three key regions: Europe, North America and South Africa.

Sappi’s product portfolio is organized into several main categories.