Wizz Air Holdings Plc (OTCMKTS:WZZZY – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 600 shares, an increase of 100.0% from the May 31st total of 300 shares. Based on an average trading volume of 150 shares, the days-to-cover ratio is presently 4.0 days.
Wizz Air Price Performance
Shares of WZZZY stock opened at $4.00 on Wednesday. The stock’s 50-day moving average is $3.50 and its 200 day moving average is $3.92. Wizz Air has a 1-year low of $2.90 and a 1-year high of $7.00.
Analyst Ratings Changes
A number of research analysts have commented on WZZZY shares. Sanford C. Bernstein downgraded shares of Wizz Air from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Wizz Air in a research report on Monday, June 15th. Finally, Citigroup raised shares of Wizz Air from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Wizz Air presently has a consensus rating of “Hold”.
Wizz Air Company Profile
Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.
The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.
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