Short Interest in Essity AB (publ) (OTCMKTS:ETTYF) Rises By 199.5%

Essity AB (publ) (OTCMKTS:ETTYF) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,182,410 shares, a growth of 199.5% from the June 30th total of 1,062,683 shares. Based on an average trading volume of 6,644 shares, the days-to-cover ratio is presently 479.0 days.

Essity AB (publ) Stock Performance

Shares of ETTYF stock remained flat at $28.35 during trading hours on Tuesday. 1,579 shares of the stock traded hands, compared to its average volume of 1,134. The firm has a 50 day moving average price of $27.48 and a 200 day moving average price of $27.81. Essity AB has a 12-month low of $24.80 and a 12-month high of $29.99.

Essity AB (publ) Company Profile

Essity AB (publ) is a leading global hygiene and health company headquartered in Stockholm, Sweden. The firm was established as an independent entity in April 2017 following a demerger from Swedish forest products group SCA. Since its spin-off, Essity has focused on delivering innovative solutions in personal care, tissue, and professional hygiene, supported by a commitment to sustainability and responsible sourcing.

Essity operates through two primary business areas: Consumer Tissue and Personal Care.