Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Expands By 556.3%

Mondi Plc Uns (OTCMKTS:MONDY) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 58,392 shares, a growth of 556.3% from the December 31st total of 8,897 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 113,963 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 113,963 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MONDY. Barclays lowered Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Zacks Research upgraded shares of Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Mondi Plc Uns Price Performance

MONDY opened at $24.79 on Thursday. The stock’s 50 day moving average price is $23.96 and its 200 day moving average price is $25.63. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.38. Mondi Plc Uns has a 12 month low of $20.66 and a 12 month high of $33.93.

About Mondi Plc Uns

Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.

Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.