Mondi plc (OTCMKTS:MONDY) Short Interest Up 222.2% in December

Mondi plc (OTCMKTS:MONDY - Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 11,600 shares, an increase of 222.2% from the December 15th total of 3,600 shares. Based on an average daily volume of 115,700 shares, the short-interest ratio is presently 0.1 days.

Mondi Trading Down 0.1 %

OTCMKTS MONDY traded down $0.02 on Tuesday, reaching $28.48. The company had a trading volume of 82,415 shares, compared to its average volume of 38,131. The company's fifty day moving average is $29.78 and its 200-day moving average is $34.74. Mondi has a 1-year low of $27.82 and a 1-year high of $41.67. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.06 and a quick ratio of 1.32.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MONDY shares. Barclays lowered Mondi from a "hold" rating to a "strong sell" rating in a research note on Monday, November 11th. Citigroup upgraded shares of Mondi from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 10th. Finally, UBS Group raised shares of Mondi from a "hold" rating to a "strong-buy" rating in a report on Friday, October 18th.

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.