Jet2 plc (OTCMKTS:DRTGF) Shares Shorted: Short Interest Down 77.4% in October

Jet2 plc (OTCMKTS:DRTGF – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,107 shares, a drop of 77.4% from the September 30th total of 9,323 shares. Based on an average daily volume of 145 shares, the short-interest ratio is presently 14.5 days.

Analyst Upgrades and Downgrades

DRTGF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Jet2 in a research report on Thursday, July 9th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Jet2 in a research report on Thursday, July 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Jet2 presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Jet2

Jet2 Stock Performance

OTCMKTS:DRTGF opened at $19.33 on Friday. Jet2 has a 52-week low of $14.07 and a 52-week high of $20.79. The stock’s 50 day moving average price is $19.49 and its 200 day moving average price is $17.69.

About Jet2

(Get Free Report)

Jet2 plc is a United Kingdom-based leisure travel group that operates the Jet2.com airline and Jet2holidays package holiday business. The company provides scheduled and charter air services, package holidays, flight-only bookings, hotel accommodations, transfers and related travel services.

Jet2.com serves a range of leisure and city destinations from airports across the United Kingdom, with a particular focus on European holiday markets including the Mediterranean, the Canary Islands and other popular destinations.

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