Short Interest in easyJet plc (OTCMKTS:ESYJY) Declines By 84.9%

easyJet plc (OTCMKTS:ESYJY) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 3,700 shares, a decrease of 84.9% from the January 31st total of 24,500 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is presently 0.3 days.

easyJet Price Performance

Shares of OTCMKTS ESYJY traded down $0.01 during midday trading on Friday, hitting $6.30. 14,442 shares of the stock traded hands, compared to its average volume of 7,996. The firm has a 50-day moving average of $6.46 and a two-hundred day moving average of $6.57. easyJet has a one year low of $5.22 and a one year high of $7.73.

easyJet Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, February 21st will be issued a $0.1549 dividend. This is a boost from easyJet’s previous dividend of $0.06. The ex-dividend date of this dividend is Friday, February 21st. easyJet’s dividend payout ratio (DPR) is currently 38.46%.

easyJet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.