Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Short Interest Update

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 464,638 shares, a decline of 21.6% from the December 15th total of 592,697 shares. Based on an average daily trading volume, of 80,715 shares, the short-interest ratio is presently 5.8 days. Approximately 1.6% of the shares of the stock are sold short. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 80,715 shares, the short-interest ratio is presently 5.8 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 29th. Zacks Research raised shares of Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. Barclays set a $15.00 target price on Oatly Group and gave the company an “overweight” rating in a research note on Friday. Mizuho set a $18.00 target price on Oatly Group and gave the company an “outperform” rating in a report on Wednesday, November 26th. Finally, DA Davidson set a $14.00 price target on Oatly Group and gave the stock a “buy” rating in a report on Friday, November 21st. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.75.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its position in Oatly Group by 85.1% during the second quarter. GAMMA Investing LLC now owns 3,203 shares of the company’s stock worth $38,000 after purchasing an additional 1,473 shares during the last quarter. Credit Agricole S A acquired a new position in shares of Oatly Group in the 3rd quarter valued at $2,098,000. UBS Group AG grew its stake in shares of Oatly Group by 1.5% during the 3rd quarter. UBS Group AG now owns 646,591 shares of the company’s stock valued at $10,475,000 after buying an additional 9,620 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Oatly Group by 9.5% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock worth $215,000 after buying an additional 1,568 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Oatly Group by 19.0% in the 3rd quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after buying an additional 1,756 shares during the period. 68.15% of the stock is currently owned by hedge funds and other institutional investors.

Oatly Group Trading Up 1.3%

OTLY stock traded up $0.15 during midday trading on Friday, hitting $11.52. The stock had a trading volume of 46,111 shares, compared to its average volume of 61,349. The company’s 50-day moving average price is $11.83 and its 200 day moving average price is $14.38. The company has a debt-to-equity ratio of 7.21, a current ratio of 0.42 and a quick ratio of 0.32. The firm has a market cap of $349.37 million, a PE ratio of -1.53 and a beta of 1.97. Oatly Group has a 12-month low of $6.00 and a 12-month high of $18.84.

Oatly Group (NASDAQ:OTLY) last posted its quarterly earnings data on Wednesday, October 29th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.63) by ($1.52). The business had revenue of $222.80 million for the quarter, compared to analyst estimates of $211.45 million. Oatly Group had a negative return on equity of 201.36% and a negative net margin of 26.67%. On average, equities research analysts predict that Oatly Group will post -3.2 earnings per share for the current fiscal year.

Oatly Group Company Profile

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.