Neste Oyj (OTCMKTS:NTOIY – Get Rating) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 8,200 shares, a growth of 182.8% from the April 30th total of 2,900 shares. Based on an average daily trading volume, of 47,600 shares, the short-interest ratio is currently 0.2 days.
Neste Oyj Price Performance
NTOIY traded up $0.24 on Friday, reaching $19.33. The stock had a trading volume of 35,999 shares, compared to its average volume of 29,532. Neste Oyj has a fifty-two week low of $19.07 and a fifty-two week high of $26.03. The firm has a 50-day moving average of $23.23 and a 200-day moving average of $23.70.
Neste Oyj Increases Dividend
The business also recently declared a dividend, which was paid on Friday, April 21st. Stockholders of record on Thursday, March 30th were paid a $0.2322 dividend. This is a boost from Neste Oyj’s previous dividend of $0.12. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a dividend yield of 1.54%. Neste Oyj’s dividend payout ratio is presently 45.88%.
Analyst Ratings Changes
Neste Oyj Company Profile
Neste Corp. engages in the production of petroleum products and supply of renewable diesel. It operates through the following segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, renewable solvents as well as raw material for bioplastics.
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