easyjet PLC (OTCMKTS:EJTTF) Short Interest Update

easyjet PLC (OTCMKTS:EJTTF) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 61,025 shares, an increase of 141.4% from the January 29th total of 25,275 shares. Based on an average trading volume of 86 shares, the short-interest ratio is currently 709.6 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 86 shares, the short-interest ratio is currently 709.6 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded easyjet from a “hold” rating to a “strong-buy” rating in a report on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, easyjet currently has an average rating of “Strong Buy”.

easyjet Stock Down 7.8%

EJTTF traded down $0.50 during midday trading on Friday, reaching $5.92. 100 shares of the company’s stock were exchanged, compared to its average volume of 56. easyjet has a 1-year low of $4.98 and a 1-year high of $8.44. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.11 and a current ratio of 1.11. The business’s 50-day moving average price is $6.82 and its 200 day moving average price is $6.54.

About easyjet

easyJet plc is a UK-based low-cost airline known for operating scheduled point-to-point flights across Europe, Turkey, North Africa and select destinations in the Middle East. Trading under the symbol EJTTF on the OTC Markets, the company offers no-frills air travel with a focus on affordable fares and ancillary revenues from services such as seat selection, in-flight catering and checked baggage.

Founded in 1995 by Stelios Haji-Ioannou and commencing operations in 1996, easyJet pioneered the low-cost carrier model in Europe, targeting both leisure and business travelers with a streamlined cost structure and high aircraft utilization.