easyJet plc (OTCMKTS:ESYJY) Short Interest Update

easyJet plc (OTCMKTS:ESYJY) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 4,943 shares, a decrease of 81.9% from the July 30th total of 27,279 shares. Based on an average daily volume of 33,923 shares, the short-interest ratio is currently 0.1 days.

easyJet Trading Up 0.0%

OTCMKTS:ESYJY opened at $9.11 on Friday. easyJet has a one year low of $4.57 and a one year high of $9.25. The company has a fifty day moving average price of $8.43 and a 200 day moving average price of $6.58.

Analysts Set New Price Targets

A number of research analysts have recently commented on ESYJY shares. Barclays reissued an “overweight” rating on shares of easyJet in a report on Monday, June 15th. Morgan Stanley reiterated an “underweight” rating on shares of easyJet in a report on Wednesday, June 24th. Citigroup restated a “neutral” rating on shares of easyJet in a research note on Monday, July 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of easyJet in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of easyJet from a “sell” rating to a “hold” rating in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ESYJY. Capital Square LLC acquired a new stake in easyJet during the second quarter worth about $201,000. Public Employees Retirement System of Ohio acquired a new position in easyJet in the 2nd quarter valued at approximately $305,000. Finally, Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of easyJet in the 2nd quarter worth approximately $612,000. Institutional investors and hedge funds own 0.01% of the company’s stock.

easyJet Company Profile

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.