easyJet plc (OTCMKTS:ESYJY) Short Interest Down 65.4% in June

easyJet plc (OTCMKTS:ESYJYGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 10,413 shares, a decrease of 65.4% from the June 15th total of 30,055 shares. Based on an average daily volume of 50,273 shares, the days-to-cover ratio is currently 0.2 days.

easyJet Price Performance

Shares of easyJet stock opened at $9.09 on Wednesday. The business has a 50-day moving average price of $6.43 and a 200 day moving average price of $6.10. easyJet has a fifty-two week low of $4.57 and a fifty-two week high of $9.16.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ESYJY. Barclays reiterated an “overweight” rating on shares of easyJet in a report on Monday, June 15th. Royal Bank Of Canada cut easyJet from an “outperform” rating to a “sector perform” rating in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft upgraded easyJet from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Citigroup reiterated a “neutral” rating on shares of easyJet in a research note on Monday. Finally, UBS Group downgraded shares of easyJet to a “neutral” rating in a report on Tuesday, June 30th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, easyJet presently has an average rating of “Reduce”.

Read Our Latest Research Report on easyJet

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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