Ryanair Holdings PLC (RYAAY) Short Interest Update
Ryanair Holdings PLC (NASDAQ:RYAAY) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 746,541 shares, an increase of 45.0% from the October 31st total of 514,723 shares. Based on an average daily trading volume, of 398,344 shares, the short-interest ratio is currently 1.9 days.
Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) opened at 82.30 on Tuesday. Ryanair Holdings PLC has a one year low of $66.09 and a one year high of $89.67. The firm has a 50 day moving average of $76.78 and a 200 day moving average of $75.58.
A number of analysts recently commented on RYAAY shares. Zacks Investment Research raised shares of Ryanair Holdings PLC from a “sell” rating to a “hold” rating in a report on Tuesday, August 23rd. Deutsche Bank AG downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a report on Wednesday, September 7th. Beaufort Securities reissued a “buy” rating on shares of Ryanair Holdings PLC in a report on Wednesday, October 5th. BNP Paribas started coverage on shares of Ryanair Holdings PLC in a report on Thursday, October 13th. They set an “outperform” rating on the stock. Finally, HSBC raised shares of Ryanair Holdings PLC from a “reduce” rating to a “hold” rating in a report on Wednesday, November 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $89.50.
Hedge funds have recently added to or reduced their stakes in the company. FMR LLC boosted its stake in Ryanair Holdings PLC by 3.7% in the second quarter. FMR LLC now owns 16,678,645 shares of the company’s stock worth $1,159,833,000 after buying an additional 595,992 shares during the period. Capital Research Global Investors boosted its stake in Ryanair Holdings PLC by 17.2% in the third quarter. Capital Research Global Investors now owns 8,373,690 shares of the company’s stock worth $628,278,000 after buying an additional 1,230,762 shares during the period. Capital International Investors boosted its stake in Ryanair Holdings PLC by 1.6% in the third quarter. Capital International Investors now owns 4,380,192 shares of the company’s stock worth $328,646,000 after buying an additional 70,214 shares during the period. Lazard Asset Management LLC boosted its stake in Ryanair Holdings PLC by 33.7% in the third quarter. Lazard Asset Management LLC now owns 3,330,852 shares of the company’s stock worth $249,913,000 after buying an additional 838,744 shares during the period. Finally, Neuberger Berman Group LLC boosted its stake in Ryanair Holdings PLC by 27.3% in the third quarter. Neuberger Berman Group LLC now owns 2,670,534 shares of the company’s stock worth $200,370,000 after buying an additional 572,293 shares during the period. 42.38% of the stock is currently owned by institutional investors and hedge funds.
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About Ryanair Holdings PLC
Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.
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