Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Up 76.5% in February

Stora Enso Oyj (OTCMKTS:SEOAY) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 3,000 shares, a growth of 76.5% from the February 13th total of 1,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 134,600 shares, the days-to-cover ratio is presently 0.0 days.

Stora Enso Oyj Trading Up 2.5 %

Shares of Stora Enso Oyj stock traded up $0.26 on Friday, hitting $10.76. The stock had a trading volume of 35,798 shares, compared to its average volume of 78,327. The stock has a 50 day moving average of $10.80 and a 200 day moving average of $11.11. Stora Enso Oyj has a twelve month low of $9.43 and a twelve month high of $15.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.83 and a current ratio of 1.12. The firm has a market capitalization of $8.49 billion, a P/E ratio of -67.25 and a beta of 0.86.

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

Stora Enso Oyj Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 24th will be issued a $0.1348 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Stora Enso Oyj’s previous dividend of $0.10. Stora Enso Oyj’s dividend payout ratio 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.