Mondi plc (OTCMKTS:MONDY - Get Free Report) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 25,300 shares, a decrease of 62.8% from the January 15th total of 68,000 shares. Based on an average daily volume of 94,900 shares, the days-to-cover ratio is currently 0.3 days.
Analyst Ratings Changes
Separately, Barclays lowered Mondi from a "hold" rating to a "strong sell" rating in a research note on Monday, November 11th.
Check Out Our Latest Research Report on MONDY
Mondi Trading Up 3.1 %
Shares of OTCMKTS MONDY traded up $0.99 during midday trading on Friday, hitting $33.39. The stock had a trading volume of 2,472 shares, compared to its average volume of 37,681. The company has a fifty day moving average price of $30.10 and a 200 day moving average price of $33.26. 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 quick ratio of 1.32 and a current ratio of 2.06.
About Mondi
(
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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.
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