Short Interest in Neste Oyj (OTCMKTS:NTOIY) Expands By 43.6%

Neste Oyj (OTCMKTS:NTOIY) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 48,100 shares, an increase of 43.6% from the November 15th total of 33,500 shares. Based on an average daily volume of 288,000 shares, the days-to-cover ratio is presently 0.2 days.

Neste Oyj Trading Down 1.5 %

OTCMKTS:NTOIY traded down $0.10 during mid-day trading on Friday, hitting $6.61. The company had a trading volume of 84,100 shares, compared to its average volume of 103,183. Neste Oyj has a 1 year low of $6.57 and a 1 year high of $19.20. The business has a fifty day simple moving average of $7.68 and a 200-day simple moving average of $9.08.

Neste Oyj Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 24th. Stockholders of record on Wednesday, October 2nd were given a dividend of $0.3348 per share. This is a positive change from Neste Oyj’s previous dividend of $0.33. The ex-dividend date of this dividend was 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.