Neste Oyj (OTCMKTS:NTOIF) Sees Significant Decrease in Short Interest

Neste Oyj (OTCMKTS:NTOIF) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,580,600 shares, a decrease of 34.7% from the February 13th total of 2,422,100 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 1,129.0 days.

Neste Oyj Price Performance

OTCMKTS:NTOIF remained flat at $9.95 during trading hours on Friday. The company’s stock had a trading volume of 7,170 shares, compared to its average volume of 1,042. The business has a 50 day simple moving average of $11.77 and a 200-day simple moving average of $14.99. Neste Oyj has a 52-week low of $8.98 and a 52-week 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.