Neste Oyj (OTCMKTS:NTOIF) Sees Large Increase in Short Interest

Neste Oyj (OTCMKTS:NTOIF) was the recipient of a large 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 trading volume, of 2,200 shares, the short-interest ratio is currently 984.0 days.

Neste Oyj Stock Performance

Shares of OTCMKTS NTOIF opened at $10.23 on Wednesday. The stock’s 50 day moving average price is $11.01 and its 200-day moving average price is $13.76. Neste Oyj has a twelve month low of $8.98 and a twelve month high of $29.00.

About Neste Oyj

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.