Yesway, Inc. (NASDAQ:YSWY) Short Interest Update

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

Yesway Trading Up 0.2%

Shares of NASDAQ YSWY traded up $0.04 during trading on Monday, hitting $25.88. The stock had a trading volume of 70,107 shares, compared to its average volume of 503,616. Yesway has a 12 month low of $20.02 and a 12 month high of $29.08.

Analysts Set New Price Targets

Several brokerages have recently commented on YSWY. The Goldman Sachs Group initiated coverage on Yesway in a research note on Monday. They issued a “neutral” rating and a $28.00 target price for the company. BMO Capital Markets initiated 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. Wall Street Zen raised shares of Yesway to a “hold” rating in a research report on Saturday, April 25th. 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. Finally, KeyCorp assumed coverage on Yesway in a research note on Monday. They set an “overweight” rating and a $31.00 price target for the company. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.63.

About Yesway

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.