Euronext NV (OTCMKTS:ERNXY) Stock Short Interest Declines 47.8%

Euronext NV (OTCMKTS:ERNXY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,172 shares, a decline of 47.8% from the September 30th total of 2,247 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 11,003 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Euronext from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat, Euronext currently has a consensus rating of “Strong Buy”.

Euronext Price Performance

Shares of ERNXY traded down $0.29 during trading hours on Friday, reaching $39.16. 895 shares of the company traded hands, compared to its average volume of 4,510. The business has a fifty day moving average price of $37.26 and a 200-day moving average price of $34.09. Euronext has a 12-month low of $26.55 and a 12-month high of $44.00.

Euronext Company Profile

Euronext N.V. is a pan-European market infrastructure operator that runs regulated exchanges and trading venues across Europe. Its activities include the listing and trading of equities, exchange-traded funds, bonds, derivatives, warrants and other financial instruments, serving companies, investors, financial institutions and other market participants.

The company also provides market data, indices, issuer services, technology and post-trade infrastructure. Through its clearing and settlement-related operations and other market services, Euronext supports transactions throughout the investment lifecycle.

Euronext was established in 2000 through the combination of the exchanges in Amsterdam, Brussels and Paris.