Yara International ASA (OTCMKTS:YARIY) Sees Large Increase in Short Interest

Yara International ASA (OTCMKTS:YARIYGet Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 31,309 shares, a growth of 609.6% from the June 15th total of 4,412 shares. Based on an average daily trading volume, of 98,158 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several brokerages have commented on YARIY. Pareto Securities upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Jefferies Financial Group cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Zacks Research cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, Citigroup lowered Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Research Report on YARIY

Yara International ASA Stock Up 0.4%

Shares of Yara International ASA stock traded up $0.09 during midday trading on Friday, hitting $22.80. The company had a trading volume of 37,029 shares, compared to its average volume of 39,841. Yara International ASA has a 52-week low of $17.48 and a 52-week high of $31.28. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.02 and a current ratio of 1.79. The stock has a market capitalization of $11.62 billion, a P/E ratio of 8.29 and a beta of 0.57. The company has a 50 day moving average of $25.68 and a 200 day moving average of $25.16.

Yara International ASA (OTCMKTS:YARIYGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The basic materials company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%.The business had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.95 billion. On average, equities analysts predict that Yara International ASA will post 3.56 earnings per share for the current fiscal year.

About Yara International ASA

(Get Free Report)

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.

Further Reading

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