Neste Oyj (OTCMKTS:NTOIF) Sees Large Increase in Short Interest

Neste Oyj (OTCMKTS:NTOIF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,164,800 shares, an increase of 37.0% from the February 28th total of 1,580,600 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 984.0 days.

Neste Oyj Price Performance

Shares of OTCMKTS NTOIF opened at $10.23 on Monday. Neste Oyj has a twelve month low of $8.98 and a twelve month high of $29.00. The firm has a 50-day moving average of $11.06 and a two-hundred day moving average of $13.89.

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.