Short Interest in Ontex Group NV (OTCMKTS:ONXXF) Declines By 25.5%

Ontex Group NV (OTCMKTS:ONXXFGet Rating) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 213,300 shares, a decrease of 25.5% from the March 15th total of 286,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Several brokerages recently commented on ONXXF. JPMorgan Chase & Co. reduced their price target on Ontex Group from €7.50 ($8.06) to €6.00 ($6.45) and set a “neutral” rating for the company in a research report on Friday, February 25th. UBS Group reduced their price target on Ontex Group from €12.00 ($12.90) to €11.50 ($12.37) and set a “buy” rating for the company in a research report on Thursday, February 24th.

Shares of OTCMKTS ONXXF remained flat at $$7.26 during trading hours on Tuesday. Ontex Group has a 12 month low of $6.67 and a 12 month high of $11.30. The firm’s 50-day moving average is $7.53 and its 200-day moving average is $8.79.

Ontex Group Company Profile (Get Rating)

Ontex Group NV provides personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, Mexico, the United Kingdom, Italy, France, and internationally. The company offers baby care products, such as baby diapers and pants, and wet wipes; feminine care products, including sanitary towels, panty liners, and tampons; and adult incontinence products comprising adult pants and diapers, incontinence towels, and bed protection products, as well as produces and sells face masks.

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