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

Mondi Plc Uns (OTCMKTS:MONDY) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 6,902 shares, a decline of 39.1% from the July 30th total of 11,334 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 41,408 shares, the short-interest ratio is currently 0.2 days.

Mondi Plc Uns Price Performance

MONDY stock traded down $0.10 on Tuesday, hitting $23.50. 6,226 shares of the company were exchanged, compared to its average volume of 64,042. 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 twelve month low of $17.87 and a twelve month high of $28.32. The business’s fifty day moving average is $21.41 and its two-hundred day moving average is $21.78.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MONDY. Great Lakes Advisors LLC acquired a new position in Mondi Plc Uns in the second quarter valued at $292,000. Syon Capital LLC purchased a new position in shares of Mondi Plc Uns in the 2nd quarter worth about $58,000. Trust Co. of Vermont acquired a new position in shares of Mondi Plc Uns in the 2nd quarter valued at about $534,000. Finally, Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of Mondi Plc Uns in the 2nd quarter valued at about $369,554,000.

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.