Yara International ASA (OTCMKTS:YARIY) Short Interest Up 689.7% in April

Yara International ASA (OTCMKTS:YARIY) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 17,208 shares, a growth of 689.7% from the April 15th total of 2,179 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 85,423 shares, the short-interest ratio is currently 0.2 days.

Yara International ASA Stock Down 0.8%

Shares of YARIY opened at $28.64 on Tuesday. The company has a 50-day simple moving average of $28.10 and a 200-day simple moving average of $23.16. The firm has a market capitalization of $14.59 billion, a P/E ratio of 10.41 and a beta of 0.56. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.72. Yara International ASA has a 52 week low of $16.47 and a 52 week high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last announced its quarterly earnings data on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.95 billion. Yara International ASA had a net margin of 8.58% and a return on equity of 23.55%. On average, equities research analysts expect that Yara International ASA will post 3.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

YARIY has been the subject of a number of recent research reports. Rothschild & Co Redburn upgraded shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Arctic Securiti upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Zacks Research upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Pareto Securities upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Five research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

About Yara International ASA

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.