Short Interest in Essity AB (publ) (OTCMKTS:ETTYF) Expands By 698.2%

Essity AB (publ) (OTCMKTS:ETTYF) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,088,700 shares, an increase of 698.2% from the January 15th total of 136,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 10,887.0 days.

Essity AB (publ) Stock Performance

Shares of Essity AB (publ) stock remained flat at $24.85 on Friday. 25 shares of the stock traded hands, compared to its average volume of 1,083. Essity AB has a 1 year low of $21.25 and a 1 year high of $30.41. The company has a 50 day moving average of $25.63 and a 200 day moving average of $27.63.

Essity AB (publ) Company Profile

Essity AB (publ) develops, produces, and sells hygiene and health products and services in Europe, North and Latin America, Asia, and internationally. The company operates through Health & Medical, Consumer Goods, and Professional Hygiene segments. The Health & Medical segment offers incontinence products, wound care, compression therapy, orthopedics, skincare products, wet wipes, wash gloves, and digital solutions with sensor technology under the TENA, Leukoplast, JOBST, Actimove, Cutimed, Delta-Cast, AquaCast Liner, and Hydrofera brands to family caregivers, professional caregivers, and patients and consumers through pharmacies, medical device stores, hospitals, distributors, care institutions, and e-commerce.