Wizz Air Holdings Plc (OTCMKTS:WZZZY) Short Interest Update

Wizz Air Holdings Plc (OTCMKTS:WZZZY) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,078 shares, a growth of 1,282.1% from the April 15th total of 78 shares. Based on an average daily volume of 613 shares, the short-interest ratio is currently 1.8 days.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WZZZY. Zacks Research upgraded shares of Wizz Air to a “hold” rating in a research note on Tuesday, February 3rd. Sanford C. Bernstein lowered shares of Wizz Air from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Citigroup upgraded shares of Wizz Air from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Wizz Air Price Performance

Shares of OTCMKTS WZZZY remained flat at $3.66 during trading on Monday. 1,100 shares of the stock traded hands, compared to its average volume of 707. Wizz Air has a 12-month low of $2.90 and a 12-month high of $7.00. The company’s 50 day moving average price is $3.26 and its two-hundred day moving average price is $3.92.

About Wizz Air

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.