Mondi plc (OTCMKTS:MONDY) Short Interest Update

Mondi plc (OTCMKTS:MONDY) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 11,600 shares, a growth of 222.2% from the December 15th total of 3,600 shares. Based on an average daily volume of 115,700 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

MONDY has been the topic of a number of recent research reports. Barclays lowered shares of Mondi from a “hold” rating to a “strong sell” rating in a research report on Monday, November 11th. UBS Group upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a report on Friday, October 18th. Finally, Citigroup upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 10th.

Mondi Price Performance

MONDY opened at $28.48 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. The firm’s fifty day moving average price is $29.78 and its two-hundred day moving average price is $34.74. Mondi has a 1 year low of $27.82 and a 1 year high of $41.67.

Mondi Company Profile

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.