Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Update

Stora Enso Oyj (OTCMKTS:SEOAY) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,700 shares, a decline of 96.2% from the January 31st total of 44,700 shares. Based on an average trading volume of 141,100 shares, the days-to-cover ratio is currently 0.0 days.

Stora Enso Oyj Stock Performance

Stora Enso Oyj stock traded down $0.25 during trading on Friday, hitting $10.68. The stock had a trading volume of 18,514 shares, compared to its average volume of 90,269. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 0.39. The stock’s 50 day moving average is $10.61 and its two-hundred day moving average is $11.23. Stora Enso Oyj has a 1 year low of $9.43 and a 1 year high of $15.29. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of -66.78 and a beta of 0.86.

Stora Enso Oyj (OTCMKTS:SEOAY) last posted its quarterly earnings results on Tuesday, February 11th. The basic materials company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.82) by ($0.04). Stora Enso Oyj had a negative return on equity of 3.97% and a negative net margin of 1.29%. As a group, analysts predict that Stora Enso Oyj will post 0.67 EPS for the current year.

Stora Enso Oyj Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th will be paid a $0.1348 dividend. This is an increase from Stora Enso Oyj’s previous dividend of $0.10. The ex-dividend date is Monday, March 24th. Stora Enso Oyj’s dividend payout ratio (DPR) is presently -68.75%.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.