Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Drops By 39.1%

Mondi Plc Uns (OTCMKTS:MONDY) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 12,357 shares, a drop of 39.1% from the May 14th total of 20,292 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 540,553 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

MONDY has been the topic of several research reports. Zacks Research raised Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. The Goldman Sachs Group raised Mondi Plc Uns to a “strong-buy” rating in a research report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Mondi Plc Uns Stock Performance

Shares of MONDY stock traded up $0.51 during trading hours on Monday, reaching $19.84. 64,551 shares of the company traded hands, compared to its average volume of 79,023. Mondi Plc Uns has a 12-month low of $18.73 and a 12-month high of $33.93. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49. The firm has a 50-day moving average price of $21.22 and a 200 day moving average price of $22.94.

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.