Short Interest in easyJet plc (OTCMKTS:ESYJY) Decreases By 65.1%

easyJet plc (OTCMKTS:ESYJYGet Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 30,055 shares, a decrease of 65.1% from the May 31st total of 86,049 shares. Based on an average daily volume of 92,841 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

ESYJY has been the topic of several recent research reports. Sanford C. Bernstein cut shares of easyJet from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft raised shares of easyJet from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Barclays reiterated an “overweight” rating on shares of easyJet in a research report on Monday, June 15th. Morgan Stanley reiterated an “underweight” rating on shares of easyJet in a research note on Wednesday. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of easyJet in a research report on Friday, May 22nd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, easyJet currently has an average rating of “Hold”.

View Our Latest Stock Report on easyJet

easyJet Trading Up 2.4%

ESYJY stock traded up $0.18 during trading on Friday, reaching $7.75. The company’s stock had a trading volume of 30,455 shares, compared to its average volume of 22,257. The company’s fifty day moving average is $5.72 and its 200-day moving average is $5.98. easyJet has a 1 year low of $4.57 and a 1 year high of $7.75.

About easyJet

(Get Free Report)

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.

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