Short Interest in Neste Oyj (OTCMKTS:NTOIF) Increases By 37.0%

Neste Oyj (OTCMKTS:NTOIF) was the recipient of a significant increase in short interest during 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 daily volume of 2,200 shares, the short-interest ratio is presently 984.0 days.

Neste Oyj Price Performance

OTCMKTS NTOIF remained flat at $10.23 during trading on Tuesday. The firm’s fifty day moving average price is $11.01 and its two-hundred day moving average price is $13.76. Neste Oyj has a 12-month low of $8.98 and a 12-month high of $29.00.

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.