Neste Oyj (OTCMKTS:NTOIY) Short Interest Update

Neste Oyj (OTCMKTS:NTOIY) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 48,100 shares, an increase of 43.6% from the November 15th total of 33,500 shares. Based on an average daily volume of 288,000 shares, the days-to-cover ratio is presently 0.2 days.

Neste Oyj Price Performance

OTCMKTS:NTOIY traded down $0.10 during trading hours on Friday, hitting $6.61. 84,100 shares of the company’s stock traded hands, compared to its average volume of 103,183. The business’s fifty day simple moving average is $7.68 and its two-hundred day simple moving average is $9.08. Neste Oyj has a 52 week low of $6.57 and a 52 week high of $19.20.

Neste Oyj Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 2nd were given a dividend of $0.3348 per share. The ex-dividend date of this dividend was Wednesday, October 2nd. This is a boost from Neste Oyj’s previous dividend of $0.33. Neste Oyj’s dividend payout ratio (DPR) is 45.88%.

About Neste Oyj

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.