Short Interest in Mondi Plc Uns (OTCMKTS:MONDY) Decreases By 34.9%

Mondi Plc Uns (OTCMKTS:MONDY) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 20,679 shares, a decline of 34.9% from the June 15th total of 31,756 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 92,174 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

MONDY has been the subject of a number of research analyst reports. UBS Group lowered Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. The Goldman Sachs Group upgraded shares of Mondi Plc Uns to a “strong-buy” rating in a research note on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Mondi Plc Uns Price Performance

MONDY stock opened at $20.22 on Friday. Mondi Plc Uns has a twelve month low of $17.87 and a twelve month high of $32.43. The business’s 50-day simple moving average is $19.53 and its 200 day simple moving average is $22.14. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.53 and a quick ratio of 0.87.

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.