easyJet plc (OTCMKTS:ESYJY – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 1,130 shares, a drop of 74.6% from the October 15th total of 4,446 shares. Based on an average daily volume of 34,386 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of easyJet in a research report on Monday, August 24th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, easyJet presently has an average rating of “Reduce”.
Read Our Latest Stock Report on easyJet
easyJet Stock Down 0.4%
Shares of ESYJY opened at $9.10 on Thursday. The firm’s fifty day simple moving average is $8.99 and its two-hundred day simple moving average is $7.23. easyJet has a 12 month low of $4.57 and a 12 month high of $9.25.
easyJet Company Profile
easyJet plc is a low-cost airline group headquartered at London Luton Airport in the United Kingdom. The company operates scheduled passenger flights under the easyJet brand, primarily using an Airbus A320-family fleet to connect major airports and regional destinations. Founded in 1995, easyJet serves a network spanning the United Kingdom, continental Europe and nearby leisure destinations in North Africa and the Middle East. Its airline operations include easyJet UK, easyJet Europe and easyJet Switzerland, which together provide short-haul travel for leisure and business passengers.
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