Yesway, Inc. (NASDAQ:YSWY) Short Interest Up ∞ in April

Yesway, Inc. (NASDAQ:YSWY) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 382,743 shares, a growth of ∞ from the April 15th total of 0 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 1,189,931 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

A number of brokerages have commented on YSWY. Guggenheim began coverage on shares of Yesway in a research note on Monday. They issued a “buy” rating and a $30.00 target price on the stock. Wall Street Zen upgraded shares of Yesway to a “hold” rating in a research note on Saturday, April 25th. Raymond James Financial assumed coverage on shares of Yesway in a research report on Monday. They issued an “outperform” rating and a $30.00 price target for the company. The Goldman Sachs Group assumed coverage on shares of Yesway in a research report on Monday. They issued a “neutral” rating and a $28.00 price target for the company. Finally, JPMorgan Chase & Co. assumed coverage on shares of Yesway in a research report on Monday. They issued a “neutral” rating and a $29.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.63.

Yesway Stock Performance

Shares of YSWY opened at $25.28 on Tuesday. Yesway has a fifty-two week low of $20.02 and a fifty-two week high of $29.08.

Yesway Company Profile

Yesway, traded on NASDAQ under the ticker YSWY, is a U.S.-based convenience store and fuel retail company that operates retail locations under the Yesway brand. The company’s core business is the operation of neighborhood convenience stores that provide quick-purchase retail items, on-site prepared foods, beverages and other convenience merchandise. Many locations also feature fuel dispensing, making Yesway a combined convenience and gasoline retailer for everyday consumers and motorists.

Yesway’s stores focus on high-turnover product categories typical of the convenience-retail sector, including snacks, cold beverages, coffee, single-serve and prepared food offerings, and commonly purchased household items.