Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Up 36.2% in April

Stora Enso Oyj (OTCMKTS:SEOAY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 65,800 shares, an increase of 36.2% from the March 31st total of 48,300 shares. Based on an average daily volume of 61,800 shares, the short-interest ratio is currently 1.1 days.

Stora Enso Oyj Stock Performance

SEOAY traded up $0.03 during trading hours on Monday, reaching $13.71. 22,781 shares of the stock traded hands, compared to its average volume of 26,833. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.65 and a quick ratio of 1.25. Stora Enso Oyj has a fifty-two week low of $11.06 and a fifty-two week high of $14.52. The firm’s fifty day simple moving average is $13.19 and its two-hundred day simple moving average is $12.98.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its quarterly earnings results on Thursday, February 1st. The basic materials company reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.68). Stora Enso Oyj had a negative return on equity of 6.14% and a negative net margin of 5.20%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.44 billion. As a group, equities research analysts anticipate that Stora Enso Oyj will post 0.46 EPS for the current fiscal year.

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.