Short Interest in Neste Oyj (OTCMKTS:NTOIF) Drops By 12.8%

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

Neste Oyj Stock Performance

Shares of OTCMKTS:NTOIF remained flat at $13.27 during trading on Monday. 5 shares of the stock traded hands, compared to its average volume of 557. Neste Oyj has a twelve month low of $11.00 and a twelve month high of $34.50. The company has a 50-day moving average of $13.23 and a 200 day moving average of $16.79.

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.