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Short Interest in Stora Enso Oyj (OTCMKTS:SEOAY) Increases By 76.5%

Stora Enso Oyj logo with Basic Materials background
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Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 3,000 shares, a growth of 76.5% from the February 13th total of 1,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 134,600 shares, the short-interest ratio is currently 0.0 days.

Stora Enso Oyj Trading Down 1.6 %

Shares of SEOAY traded down $0.18 during midday trading on Tuesday, reaching $10.74. The company had a trading volume of 35,121 shares, compared to its average volume of 76,585. Stora Enso Oyj has a 1-year low of $9.43 and a 1-year high of $15.29. The stock has a market cap of $8.47 billion, a PE ratio of -67.13 and a beta of 0.86. The firm has a 50 day simple moving average of $10.81 and a 200-day simple moving average of $11.07. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.39.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported ($0.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.04). Stora Enso Oyj had a negative return on equity of 3.97% and a negative net margin of 1.29%. Research analysts forecast that Stora Enso Oyj will post 0.67 EPS for the current fiscal year.

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Stora Enso Oyj Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 24th will be issued a dividend of $0.1348 per share. This is a boost from Stora Enso Oyj's previous dividend of $0.10. The ex-dividend date is Monday, March 24th. Stora Enso Oyj's dividend payout ratio (DPR) is -68.75%.

About Stora Enso Oyj

(Get Free Report)

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.

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