easyJet plc (OTCMKTS:ESYJY) Short Interest Update
by Doug Wharley · The Cerbat GemeasyJet plc (OTCMKTS:ESYJY – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 27,279 shares, a growth of 758.9% from the July 15th total of 3,176 shares. Based on an average daily volume of 45,403 shares, the short-interest ratio is presently 0.6 days.
Institutional Trading of easyJet
An institutional investor recently bought a new stake in easyJet stock. Capital Square LLC bought a new stake in easyJet plc (OTCMKTS:ESYJY – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,273 shares of the company’s stock, valued at approximately $201,000. 0.01% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Citigroup reaffirmed a “neutral” rating on shares of easyJet in a report on Monday, July 13th. Royal Bank Of Canada lowered easyJet from an “outperform” rating to a “sector perform” rating in a report on Tuesday, June 30th. Morgan Stanley reissued an “underweight” rating on shares of easyJet in a research report on Wednesday, June 24th. Barclays restated an “overweight” rating on shares of easyJet in a research note on Monday, June 15th. Finally, Deutsche Bank Aktiengesellschaft raised shares of easyJet from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.
Check Out Our Latest Analysis on easyJet
easyJet Price Performance
easyJet stock remained flat at $9.06 during trading hours on Thursday. The company’s stock had a trading volume of 4,514 shares, compared to its average volume of 24,373. The company’s fifty day simple moving average is $7.87 and its 200-day simple moving average is $6.39. easyJet has a 12-month low of $4.57 and a 12-month high of $9.17.
About easyJet
easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.
Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.