Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Update

Stora Enso Oyj (OTCMKTS:SEOAY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 13,425 shares, a drop of 47.5% from the December 31st total of 25,571 shares. Based on an average daily trading volume, of 17,466 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 17,466 shares, the short-interest ratio is presently 0.8 days.

Analyst Ratings Changes

Separately, Citigroup reissued a “buy” rating on shares of Stora Enso Oyj in a research report on Monday. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Stora Enso Oyj currently has an average rating of “Hold” and an average target price of $10.80.

Stora Enso Oyj Trading Down 0.8%

Shares of OTCMKTS SEOAY opened at $12.38 on Friday. Stora Enso Oyj has a 52-week low of $7.97 and a 52-week high of $12.80. The company has a market cap of $9.76 billion, a PE ratio of 1,238.84 and a beta of 0.71. The firm’s 50 day moving average price is $12.19 and its 200-day moving average price is $11.53. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 1.23.

Stora Enso Oyj Company Profile

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.