Mondi plc (OTCMKTS:MONDY) Short Interest Update

Mondi plc (OTCMKTS:MONDY - Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 21,500 shares, a drop of 12.6% from the February 28th total of 24,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,900 shares, the short-interest ratio is presently 2.2 days.

Mondi Stock Down 8.3 %

MONDY traded down $2.39 on Friday, hitting $26.50. 30,051 shares of the company were exchanged, compared to its average volume of 18,698. Mondi has a fifty-two week low of $26.23 and a fifty-two week high of $41.67. The company has a current ratio of 2.06, a quick ratio of 1.32 and a debt-to-equity ratio of 0.36. The business's fifty day moving average is $31.61 and its 200 day moving average is $31.77.

Mondi Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, April 4th will be paid a $1.0074 dividend. This is an increase from Mondi's previous dividend of $0.45. The ex-dividend date of this dividend is Friday, April 4th.

Mondi Company Profile

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.