Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Update

Stora Enso Oyj (OTCMKTS:SEOAY) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 44,700 shares, a drop of 28.8% from the January 15th total of 62,800 shares. Based on an average daily volume of 124,300 shares, the days-to-cover ratio is currently 0.4 days.

Stora Enso Oyj Trading Up 1.4 %

Shares of SEOAY opened at $11.42 on Friday. The stock has a 50 day moving average of $10.43 and a 200-day moving average of $11.27. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 0.38. Stora Enso Oyj has a 52 week low of $9.43 and a 52 week high of $15.29.

Stora Enso Oyj (OTCMKTS:SEOAY) last issued its earnings results on Tuesday, February 11th. The basic materials company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.82) by ($0.04). Stora Enso Oyj had a negative return on equity of 2.72% and a negative net margin of 0.75%. As a group, sell-side analysts expect that Stora Enso Oyj will post 0.16 EPS for the current year.

Stora Enso Oyj Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a $0.1049 dividend. The ex-dividend date was Friday, December 13th.

About Stora Enso Oyj

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.