Mondi Plc Uns (OTCMKTS:MONDY) Short Interest Update

Mondi Plc Uns (OTCMKTS:MONDY) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 22,963 shares, a decrease of 47.2% from the February 26th total of 43,484 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 214,943 shares, the days-to-cover ratio is currently 0.1 days.

Mondi Plc Uns Price Performance

Shares of OTCMKTS MONDY opened at $22.83 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.53. Mondi Plc Uns has a 12-month low of $20.66 and a 12-month high of $33.93. The firm’s 50-day moving average price is $23.89 and its 200-day moving average price is $24.06.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MONDY. Zacks Research upgraded 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 note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Mondi Plc Uns has an average rating of “Moderate Buy”.

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.