Short Interest in easyJet plc (OTCMKTS:ESYJY) Decreases By 65.4%

easyJet plc (OTCMKTS:ESYJYGet Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 10,413 shares, a decline of 65.4% from the June 15th total of 30,055 shares. Based on an average daily volume of 50,273 shares, the short-interest ratio is presently 0.2 days.

easyJet Trading Up 1.4%

Shares of OTCMKTS ESYJY traded up $0.13 during trading on Tuesday, reaching $9.11. The company had a trading volume of 31,978 shares, compared to its average volume of 23,518. easyJet has a 52 week low of $4.57 and a 52 week high of $9.16. The business’s 50 day moving average price is $6.35 and its 200-day moving average price is $6.08.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ESYJY shares. Royal Bank Of Canada lowered shares of easyJet from an “outperform” rating to a “sector perform” rating in a report on Tuesday, June 30th. Barclays restated an “overweight” rating on shares of easyJet in a research report on Monday, June 15th. Morgan Stanley reaffirmed an “underweight” rating on shares of easyJet in a research note on Wednesday, June 24th. UBS Group cut shares of easyJet to a “neutral” rating in a research note on Tuesday, June 30th. Finally, Sanford C. Bernstein downgraded easyJet from an “outperform” rating to a “market perform” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, easyJet presently has a consensus rating of “Reduce”.

Check Out Our Latest Stock Report 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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