Short Interest in Essity AB (publ) (OTCMKTS:ETTYF) Expands By 698.2%

Essity AB (publ) (OTCMKTS:ETTYF) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,088,700 shares, a growth of 698.2% from the January 15th total of 136,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 10,887.0 days.

Essity AB (publ) Price Performance

OTCMKTS:ETTYF remained flat at $24.85 during trading on Friday. The company’s stock had a trading volume of 25 shares, compared to its average volume of 1,083. Essity AB has a 52-week low of $21.25 and a 52-week high of $30.41. The company has a 50 day simple moving average of $25.63 and a 200 day simple moving average of $27.63.

About Essity AB (publ)

Essity AB (publ) develops, produces, and sells hygiene and health products and services in Europe, North and Latin America, Asia, and internationally. The company operates through Health & Medical, Consumer Goods, and Professional Hygiene segments. The Health & Medical segment offers incontinence products, wound care, compression therapy, orthopedics, skincare products, wet wipes, wash gloves, and digital solutions with sensor technology under the TENA, Leukoplast, JOBST, Actimove, Cutimed, Delta-Cast, AquaCast Liner, and Hydrofera brands to family caregivers, professional caregivers, and patients and consumers through pharmacies, medical device stores, hospitals, distributors, care institutions, and e-commerce.