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

Mondi Plc Uns (OTCMKTS:MONDY) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 27,288 shares, a decrease of 53.3% from the January 15th total of 58,392 shares. Based on an average trading volume of 211,456 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 211,456 shares, the short-interest ratio is presently 0.1 days.

Mondi Plc Uns Stock Performance

Shares of OTCMKTS MONDY traded down $0.12 during midday trading on Friday, hitting $26.39. The stock had a trading volume of 42,370 shares, compared to its average volume of 70,339. Mondi Plc Uns has a fifty-two week low of $20.66 and a fifty-two week high of $33.93. The company has a quick ratio of 0.80, a current ratio of 1.38 and a debt-to-equity ratio of 0.41. The company’s 50-day simple moving average is $24.39 and its 200 day simple moving average is $25.15.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MONDY. Zacks Research upgraded shares of Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. Barclays downgraded Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Mondi Plc Uns presently has a consensus rating of “Hold”.

About Mondi Plc Uns

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.