Neste Oyj (OTCMKTS:NTOIY) Short Interest Update

Neste Oyj (OTCMKTS:NTOIY) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 4,300 shares, a drop of 28.3% from the February 28th total of 6,000 shares. Based on an average daily trading volume, of 230,900 shares, the short-interest ratio is presently 0.0 days.

Neste Oyj Price Performance

Neste Oyj stock traded down $0.06 during midday trading on Friday, hitting $4.70. 50,958 shares of the company’s stock were exchanged, compared to its average volume of 127,455. The stock has a 50-day moving average price of $5.39 and a two-hundred day moving average price of $6.82. Neste Oyj has a 52-week low of $4.37 and a 52-week high of $15.00.

Neste Oyj Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.1049 per share. The ex-dividend date is Thursday, March 27th. Neste Oyj’s payout ratio 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.