Yara International ASA (OTCMKTS:YARIY) Short Interest Down 86.2% in June

Yara International ASA (OTCMKTS:YARIY) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,412 shares, a drop of 86.2% from the May 31st total of 31,949 shares. Based on an average daily trading volume, of 72,697 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Citigroup downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Jefferies Financial Group downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday. Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Finally, Zacks Research cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Yara International ASA Stock Down 1.5%

OTCMKTS:YARIY opened at $21.95 on Friday. Yara International ASA has a one year low of $17.48 and a one year high of $31.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.79 and a quick ratio of 1.02. The company has a market cap of $11.18 billion, a PE ratio of 7.98 and a beta of 0.53. The firm’s 50 day simple moving average is $27.11 and its 200 day simple moving average is $25.00.

Yara International ASA (OTCMKTS:YARIY) last announced its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.95 billion. Yara International ASA had a net margin of 8.58% and a return on equity of 23.06%. On average, research analysts anticipate that Yara International ASA will post 3.33 earnings per share for the current year.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.