Ezra Holdings Limited (NASDAQ:EZRA) Stock Short Interest Drops 64.9%

Ezra Holdings Limited (NASDAQ:EZRA) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 18,115 shares, a drop of 64.9% from the August 31st total of 51,669 shares. Based on an average daily volume of 48,815 shares, the days-to-cover ratio is presently 0.4 days.

Insider Transactions at Ezra

In other news, VP Yaakov Beyman sold 9,120 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $3.83, for a total value of $34,929.60. Following the sale, the vice president directly owned 2,967 shares of the company’s stock, valued at approximately $11,363.61. This represents a 75.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alex Blumenfrucht sold 8,830 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $3.97, for a total transaction of $35,055.10. Following the completion of the sale, the director directly owned 13 shares in the company, valued at approximately $51.61. This represents a 99.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 34,727 shares of company stock worth $124,161.

Wall Street Analyst Weigh In

Several research analysts have weighed in on EZRA shares. Weiss Ratings upgraded shares of Ezra from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, July 7th. Wall Street Zen downgraded shares of Ezra from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Ezra currently has an average rating of “Sell”.

Ezra Stock Performance

Shares of NASDAQ EZRA traded down $0.02 during mid-day trading on Friday, reaching $2.68. 10,375 shares of the company were exchanged, compared to its average volume of 809,030. Ezra has a 52 week low of $1.75 and a 52 week high of $53.20. The stock has a 50 day moving average of $2.53.

Ezra (NASDAQ:EZRA) last released its earnings results on Thursday, July 30th. The company reported ($3.26) earnings per share for the quarter. The company had revenue of $2.11 million during the quarter.

Ezra Holdings Limited is a finance company in the Insurance Brokers industry.