Neste Oyj (OTCMKTS:NTOIY) Short Interest Down 77.6% in September

Neste Oyj (OTCMKTS:NTOIY) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 7,500 shares, a decrease of 77.6% from the September 15th total of 33,500 shares. Based on an average daily trading volume, of 142,300 shares, the days-to-cover ratio is presently 0.1 days.

Neste Oyj Price Performance

NTOIY traded up $0.22 during trading on Thursday, reaching $9.13. 65,833 shares of the stock were exchanged, compared to its average volume of 95,453. The stock’s 50 day moving average price is $10.01 and its two-hundred day moving average price is $10.72. Neste Oyj has a twelve month low of $8.53 and a twelve month high of $19.22.

Neste Oyj Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 24th. Investors of record on Wednesday, October 2nd will be paid a $0.3348 dividend. This is an increase from Neste Oyj’s previous dividend of $0.33. The ex-dividend date of this dividend is Wednesday, October 2nd. 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.