Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Decreases By 35.7%

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

Wall Street Analyst Weigh In

MONDY has been the subject of a number of research analyst reports. 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 research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Mondi Plc Uns Price Performance

Mondi Plc Uns stock traded down $0.84 during trading on Monday, hitting $19.40. The stock had a trading volume of 1,023,404 shares, compared to its average volume of 72,369. Mondi Plc Uns has a 1 year low of $19.13 and a 1 year high of $33.93. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.53 and a quick ratio of 0.87. The stock’s 50 day moving average is $22.16 and its two-hundred day moving average is $23.27.

Mondi Plc Uns Company Profile

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.