Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Declines By 43.2%

Mondi Plc Uns (OTCMKTS:MONDY) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 11,752 shares, a decrease of 43.2% from the June 30th total of 20,679 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 52,304 shares, the days-to-cover ratio is presently 0.2 days.

Mondi Plc Uns Stock Up 2.3%

Shares of MONDY traded up $0.54 during mid-day trading on Friday, hitting $24.24. 10,608 shares of the company traded hands, compared to its average volume of 70,437. The stock has a 50-day moving average price of $19.55 and a two-hundred day moving average price of $21.84. Mondi Plc Uns has a 1 year low of $17.87 and a 1 year high of $29.57. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

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.