Neste Oyj (OTCMKTS:NTOIF) Sees Large Decline in Short Interest

Neste Oyj (OTCMKTS:NTOIF) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,277,300 shares, a decrease of 12.8% from the December 31st total of 2,611,200 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is presently 734.6 days.

Neste Oyj Stock Performance

Shares of OTCMKTS:NTOIF remained flat at $13.27 on Monday. 5 shares of the stock were exchanged, compared to its average volume of 557. Neste Oyj has a 1-year low of $11.00 and a 1-year high of $34.50. The business has a 50-day moving average price of $13.23 and a 200-day moving average price of $16.79.

About Neste Oyj

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.