easyjet PLC (OTCMKTS:EJTTF – Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 94,451 shares, a decrease of 39.2% from the August 15th total of 155,434 shares. Based on an average daily volume of 36 shares, the short-interest ratio is currently 2,623.6 days. Approximately 0.0% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the stock. Zacks Research raised shares of easyjet to a “hold” rating in a report on Wednesday, July 8th. UBS Group lowered shares of easyjet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, easyjet presently has an average rating of “Hold”.
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easyjet Stock Performance
easyjet Company Profile
easyJet plc is a British low-cost airline headquartered at London Luton Airport. The company operates scheduled passenger flights under the easyJet brand, focusing primarily on short- and medium-haul routes and offering fares designed for value-conscious travelers.
Founded in 1995, easyJet has developed a network serving destinations across the United Kingdom, Europe, North Africa and the Middle East. Its operations are concentrated at airports throughout Europe, with bases in countries including the United Kingdom, France, Italy, Switzerland, Germany and Portugal.
In addition to airline services, easyJet operates easyJet holidays, which provides package holidays combining flights with hotel accommodations and other travel arrangements.
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