Azul S.A. American Depositary Shares, each representing two (2) Common Shares (NYSEAMERICAN:AZUL) Short Interest Up 929.2% in June

Azul S.A. American Depositary Shares, each representing two (2) Common Shares (NYSEAMERICAN:AZUL) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 38,233 shares, an increase of 929.2% from the May 31st total of 3,715 shares. Based on an average trading volume of 153,197 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, BWS Financial reiterated a “buy” rating and set a $20.00 target price on shares of Azul S.A. American Depositary Shares, each representing two (2) Common Shares in a research report on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Azul S.A. American Depositary Shares, each representing two (2) Common Shares has a consensus rating of “Buy” and a consensus price target of $20.00.

Azul S.A. American Depositary Shares, each representing two (2) Common Shares Stock Performance

NYSEAMERICAN:AZUL opened at $9.10 on Friday. Azul S.A. American Depositary Shares, each representing two has a 1-year low of $3.90 and a 1-year high of $495.00.

Azul SA is a Brazilian airline company that operates a broad passenger air transportation network across Brazil. The company provides scheduled passenger service, connecting major metropolitan areas as well as regional destinations through a mix of high-density and smaller-market routes.

In addition to passenger transportation, Azul offers cargo and related aviation services. Its business is built around serving domestic travel demand in Brazil, with an emphasis on expanding connectivity to cities that may be underserved by larger carriers.

Azul was founded in 2008 and has grown into one of the major airlines in Brazil.