Short Interest in Neste Oyj (OTCMKTS:NTOIY) Rises By 233.3%

Neste Oyj (OTCMKTS:NTOIY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 99,000 shares, a growth of 233.3% from the December 15th total of 29,700 shares. Based on an average daily trading volume, of 617,800 shares, the days-to-cover ratio is presently 0.2 days.

Neste Oyj Price Performance

Shares of OTCMKTS:NTOIY opened at $6.68 on Thursday. Neste Oyj has a 1 year low of $5.53 and a 1 year high of $17.91. The business’s 50 day simple moving average is $6.74 and its 200 day simple moving average is $8.53.

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.