Short Interest in Essity AB (publ) (OTCMKTS:ETTYF) Increases By 109.8%

Essity AB (publ) (OTCMKTS:ETTYF) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 199,300 shares, a growth of 109.8% from the September 30th total of 95,000 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 398.6 days.

Essity AB (publ) Price Performance

Shares of ETTYF stock traded up $2.90 during mid-day trading on Monday, hitting $30.30. The company had a trading volume of 600 shares, compared to its average volume of 1,792. The stock’s 50 day moving average price is $29.70 and its 200-day moving average price is $27.30. Essity AB has a 52-week low of $21.25 and a 52-week high of $30.41.

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.