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

Neste Oyj (OTCMKTS:NTOIF) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 2,277,300 shares, a decrease of 12.8% from the December 31st total of 2,611,200 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is presently 734.6 days.

Neste Oyj Stock Performance

NTOIF remained flat at $13.27 during trading hours on Monday. 5 shares of the company were exchanged, compared to its average volume of 557. The business’s fifty day moving average price is $13.23 and its two-hundred day moving average price is $16.79. Neste Oyj has a 1-year low of $11.00 and a 1-year high of $34.50.

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.