Neste Oyj (OTCMKTS:NTOIY) Short Interest Update

Neste Oyj (OTCMKTS:NTOIY) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 4,300 shares, a decrease of 28.3% from the February 28th total of 6,000 shares. Based on an average trading volume of 230,900 shares, the days-to-cover ratio is presently 0.0 days.

Neste Oyj Stock Performance

Shares of OTCMKTS:NTOIY traded down $0.19 during trading on Monday, reaching $4.55. 122,720 shares of the company traded hands, compared to its average volume of 127,069. Neste Oyj has a 52-week low of $4.37 and a 52-week high of $15.00. The business’s fifty day moving average is $5.39 and its 200-day moving average is $6.80.

Neste Oyj Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 27th will be issued a $0.1049 dividend. The ex-dividend date of this dividend is Thursday, March 27th. Neste Oyj’s dividend payout ratio (DPR) is presently 45.88%.

Neste Oyj Company Profile

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.