Jet2 plc (OTCMKTS:DRTGF – Get Free Report) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,699 shares, a decrease of 98.9% from the July 15th total of 151,799 shares. Based on an average daily volume of 3,895 shares, the days-to-cover ratio is presently 0.4 days.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on DRTGF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Jet2 in a research note on Thursday, July 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Jet2 in a research note on Thursday, July 9th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Jet2 has an average rating of “Moderate Buy”.
Read Our Latest Analysis on Jet2
Jet2 Stock Performance
Jet2 Company Profile
Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.
The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.
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