Jet2 plc (OTCMKTS:DRTGF) Short Interest Update

Jet2 plc (OTCMKTS:DRTGF) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,699 shares, a decline of 98.9% from the July 15th total of 151,799 shares. Based on an average trading volume of 3,895 shares, the days-to-cover ratio is presently 0.4 days.

Jet2 Stock Performance

DRTGF stock remained flat at $20.79 during trading hours on Tuesday. Jet2 has a fifty-two week low of $14.07 and a fifty-two week high of $22.52. The business’s fifty day simple moving average is $18.79 and its 200-day simple moving average is $16.90.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DRTGF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Jet2 in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Jet2 in a report on Thursday, July 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Jet2 presently has an average rating of “Moderate Buy”.

Jet2 Company Profile

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.