Euronext NV (OTCMKTS:ERNXY) Shares Shorted: Short Interest Up 276.5% in October

Euronext NV (OTCMKTS:ERNXY) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 4,412 shares, an increase of 276.5% from the October 15th total of 1,172 shares. Based on an average daily volume of 3,735 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the company are sold short.

Euronext Price Performance

ERNXY stock remained flat at $38.10 during mid-day trading on Thursday. The company’s stock had a trading volume of 3,951 shares, compared to its average volume of 7,600. The company has a 50-day moving average price of $37.48 and a two-hundred day moving average price of $34.52. Euronext has a 1-year low of $26.55 and a 1-year high of $44.00.

Analyst Ratings Changes

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

About Euronext

Euronext N.V. operates a pan-European exchange and financial market infrastructure business. It provides markets for companies and investors to list, trade and manage a range of financial instruments, including equities, bonds, derivatives and exchange-traded products. Its services also include clearing, settlement, custody, market data and technology solutions. The company was formed in 2000 through the combination of the Amsterdam, Brussels and Paris stock exchanges. It has since expanded its network to include markets in several European countries, including Ireland, Italy, Norway and Portugal, serving issuers, investors and financial institutions across the region.