Short Interest in Euronext (OTCMKTS:EUXTF) Drops By 66.5%

Euronext (OTCMKTS:EUXTF) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 3,321 shares, a decline of 66.5% from the June 15th total of 9,902 shares. Based on an average daily trading volume, of 372 shares, the days-to-cover ratio is currently 8.9 days.

Euronext Price Performance

EUXTF stock remained flat at $163.50 during midday trading on Wednesday. The company had a trading volume of 146 shares, compared to its average volume of 529. Euronext has a 1 year low of $136.80 and a 1 year high of $177.10. The business’s fifty day moving average price is $167.16 and its two-hundred day moving average price is $157.76.

Analysts Set New Price Targets

EUXTF has been the topic of a number of analyst reports. Citigroup reiterated a “neutral” rating on shares of Euronext in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Euronext in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Euronext has an average rating of “Moderate Buy”.

About Euronext

Euronext is a leading pan-European exchange group operating regulated equity and derivatives markets across seven core countries. Through its trading platforms in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris, the company provides listing, trading and market data services for a broad range of asset classes including equities, bonds, exchange-traded funds and derivatives. Euronext also offers indices covering multiple sectors and regions, alongside comprehensive technology solutions for market participants and infrastructure providers.

In addition to its primary trading venues, Euronext delivers post-trade services through its central counterparty clearing house and central securities depository businesses.