Sappi Limited (OTCMKTS:SPPJY) Short Interest Update

Sappi Limited (OTCMKTS:SPPJYGet Free Report) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 10,000 shares, a growth of 1,328.6% from the January 31st total of 700 shares. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is currently 1.2 days.

Sappi Trading Down 2.9 %

Shares of SPPJY stock traded down $0.07 during mid-day trading on Friday, hitting $2.38. The company’s stock had a trading volume of 482 shares, compared to its average volume of 1,995. The company has a market cap of $1.33 billion, a PE ratio of 6.26 and a beta of 1.01. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.76 and a current ratio of 1.52. The company’s fifty day simple moving average is $2.65 and its 200-day simple moving average is $2.73. Sappi has a 52 week low of $2.29 and a 52 week high of $3.20.

Sappi (OTCMKTS:SPPJYGet Free Report) last issued its earnings results on Wednesday, February 5th. The basic materials company reported $0.14 earnings per share for the quarter. Sappi had a return on equity of 12.14% and a net margin of 4.13%.

Sappi Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 23rd. Stockholders of record on Friday, January 10th were paid a $0.1082 dividend. The ex-dividend date was Friday, January 10th. Sappi’s dividend payout ratio is currently 26.32%.

Sappi Company Profile

(Get Free Report)

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.

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