Essity AB (publ) (OTCMKTS:ETTYF) Sees Large Growth in Short Interest

Essity AB (publ) (OTCMKTS:ETTYF) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 524,300 shares, an increase of 11.2% from the May 15th total of 471,600 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 158.9 days.

Essity AB (publ) Stock Performance

ETTYF stock remained flat at $27.08 during trading hours on Tuesday. The business’s fifty day simple moving average is $24.75 and its 200-day simple moving average is $24.08. Essity AB has a fifty-two week low of $20.90 and a fifty-two week high of $27.08.

About Essity AB (publ)

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.