easyJet plc (OTCMKTS:ESYJY) Short Interest Down 93.9% in August

easyJet plc (OTCMKTS:ESYJYGet Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 301 shares, a decrease of 93.9% from the August 15th total of 4,943 shares. Based on an average daily volume of 51,670 shares, the days-to-cover ratio is currently 0.0 days.

easyJet Stock Down 0.4%

Shares of ESYJY stock traded down $0.04 during trading hours on Thursday, reaching $8.98. The company had a trading volume of 4,246 shares, compared to its average volume of 23,683. easyJet has a 12 month low of $4.57 and a 12 month high of $9.25. The business has a fifty day simple moving average of $8.77 and a 200-day simple moving average of $6.75.

Wall Street Analyst Weigh In

ESYJY has been the subject of several research reports. Citigroup reissued a “neutral” rating on shares of easyJet in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft upgraded shares of easyJet from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Barclays reaffirmed an “overweight” rating on shares of easyJet in a research note on Monday, June 15th. UBS Group cut shares of easyJet to a “neutral” rating in a report on Tuesday, June 30th. Finally, Morgan Stanley reissued an “underweight” rating on shares of easyJet in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, easyJet has a consensus rating of “Reduce”.

Get Our Latest Analysis on ESYJY

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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