Neste Oyj (OTCMKTS:NTOIY) Sees Significant Increase in Short Interest

Neste Oyj (OTCMKTS:NTOIY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 59,800 shares, a growth of 17.0% from the August 15th total of 51,100 shares. Based on an average daily volume of 322,700 shares, the days-to-cover ratio is presently 0.2 days.

Neste Oyj Stock Performance

NTOIY stock traded up $0.25 on Monday, reaching $9.00. The company’s stock had a trading volume of 111,419 shares, compared to its average volume of 97,854. Neste Oyj has a 52 week low of $8.53 and a 52 week high of $19.29. The firm has a fifty day moving average of $10.12 and a two-hundred day moving average of $11.23.

Neste Oyj Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.