Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Down 28.8% in January

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 44,700 shares, a decline of 28.8% from the January 15th total of 62,800 shares. Based on an average daily trading volume, of 124,300 shares, the days-to-cover ratio is presently 0.4 days.

Stora Enso Oyj Stock Performance

Shares of SEOAY stock traded up $0.03 during trading on Tuesday, reaching $11.45. 355,763 shares of the company's stock were exchanged, compared to its average volume of 103,867. Stora Enso Oyj has a twelve month low of $9.43 and a twelve month high of $15.29. The firm's fifty day moving average price is $10.45 and its 200-day moving average price is $11.26. The company has a quick ratio of 0.83, a current ratio of 1.27 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $9.03 billion, a PE ratio of -127.21 and a beta of 0.86.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.82) by ($0.04). Stora Enso Oyj had a negative net margin of 0.75% and a negative return on equity of 2.72%. As a group, sell-side analysts anticipate that Stora Enso Oyj will post 0.16 EPS for the current year.

Stora Enso Oyj Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.1049 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.