Neste Oyj (OTCMKTS:NTOIY) Short Interest Up 214.0% in March

Neste Oyj (OTCMKTS:NTOIY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 13,500 shares, a growth of 214.0% from the March 15th total of 4,300 shares. Based on an average daily trading volume, of 208,900 shares, the days-to-cover ratio is presently 0.1 days.

Neste Oyj Trading Up 1.7 %

Shares of OTCMKTS NTOIY traded up $0.07 during midday trading on Thursday, hitting $4.17. The company’s stock had a trading volume of 86,536 shares, compared to its average volume of 166,784. The business’s 50 day moving average is $4.72 and its two-hundred day moving average is $6.34. Neste Oyj has a 12-month low of $3.75 and a 12-month high of $14.22.

Neste Oyj Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.1049 per share. The ex-dividend date is Thursday, March 27th. Neste Oyj’s dividend payout ratio (DPR) is 45.88%.

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.