easyJet plc (OTCMKTS:ESYJY) Short Interest Update
by Renee Jackson · The Cerbat GemeasyJet plc (OTCMKTS:ESYJY – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 301 shares, a drop of 93.9% from the August 15th total of 4,943 shares. Based on an average daily volume of 51,670 shares, the days-to-cover ratio is presently 0.0 days.
easyJet Price Performance
ESYJY traded up $0.01 during trading on Friday, reaching $8.99. 10,299 shares of the stock were exchanged, compared to its average volume of 23,606. The stock’s 50 day moving average price is $8.80 and its two-hundred day moving average price is $6.76. easyJet has a twelve month low of $4.57 and a twelve month high of $9.25.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on ESYJY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of easyJet in a report on Monday, August 24th. Barclays reaffirmed an “overweight” rating on shares of easyJet in a research report on Monday, June 15th. Deutsche Bank Aktiengesellschaft upgraded easyJet from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Morgan Stanley reissued an “underweight” rating on shares of easyJet in a research note on Wednesday, June 24th. Finally, Citigroup restated a “neutral” rating on shares of easyJet in a report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.
Check Out Our Latest Stock Report on easyJet
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.