easyJet plc (OTCMKTS:ESYJY) Sees Significant Decline in Short Interest

easyJet plc (OTCMKTS:ESYJYGet Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 301 shares, a decline of 93.9% from the August 15th total of 4,943 shares. Based on an average trading volume of 51,670 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ESYJY shares. Citigroup reaffirmed a “neutral” rating on shares of easyJet in a research note on Monday, July 13th. Barclays reissued an “overweight” rating on shares of easyJet in a research report on Monday, June 15th. Royal Bank Of Canada restated a “sector perform” rating on shares of easyJet in a report on Monday, August 24th. Deutsche Bank Aktiengesellschaft upgraded easyJet from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Finally, UBS Group cut shares of easyJet to a “neutral” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Read Our Latest Research Report on easyJet

easyJet Trading Down 0.4%

ESYJY stock opened at $8.98 on Friday. The business’s fifty day simple moving average is $8.77 and its two-hundred day simple moving average is $6.75. easyJet has a twelve month low of $4.57 and a twelve month high of $9.25.

About easyJet

(Get Free Report)

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.

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