Mondi Plc Uns (OTCMKTS:MONDY) Sees Significant Growth in Short Interest

Mondi Plc Uns (OTCMKTS:MONDY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 18,849 shares, a growth of 367.8% from the September 30th total of 4,029 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,945 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Mondi Plc Uns stock. Syon Capital LLC acquired a new position in shares of Mondi Plc Uns (OTCMKTS:MONDY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,676 shares of the company’s stock, valued at approximately $58,000.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Mondi Plc Uns from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Mondi Plc Uns Price Performance

MONDY traded up $0.00 during trading on Thursday, hitting $20.47. 7,789 shares of the company’s stock were exchanged, compared to its average volume of 55,238. Mondi Plc Uns has a 1 year low of $17.87 and a 1 year high of $26.80. The stock has a 50 day moving average price of $21.97 and a 200 day moving average price of $22.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.55 and a quick ratio of 0.90.

About Mondi Plc Uns

Mondi plc is a global packaging and paper company that develops and manufactures materials designed to protect, transport and present products. Its operations serve a broad range of industries, including food and beverages, consumer goods, industrial products, e-commerce and agriculture.

The company’s product portfolio includes corrugated packaging, containerboard, paper bags, flexible packaging, kraft paper, release liners and specialty papers. Mondi also provides paper-based and flexible packaging solutions tailored to customer requirements, with an emphasis on recyclable and resource-efficient materials.

Mondi serves customers through operations and sales networks across Europe, North America, Latin America, Africa and other international markets.