Yara International ASA (OTCMKTS:YARIY) Sees Large Decrease in Short Interest

Yara International ASA (OTCMKTS:YARIY) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 2,427 shares, a decline of 86.4% from the September 30th total of 17,910 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 84,949 shares, the days-to-cover ratio is presently 0.0 days.

Yara International ASA Stock Performance

Shares of Yara International ASA stock opened at $21.28 on Wednesday. The stock’s 50 day simple moving average is $23.07 and its 200-day simple moving average is $24.67. Yara International ASA has a 1-year low of $17.48 and a 1-year high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last posted its quarterly earnings results on Thursday, October 22nd. The basic materials company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.11). The firm had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.46 billion. On average, equities analysts expect that Yara International ASA will post 2.93 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on YARIY shares. Barclays raised shares of Yara International ASA to a “strong sell” rating in a report on Friday, September 4th. Zacks Research cut shares of Yara International ASA from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Yara International ASA Company Profile

Yara International ASA is a Norway-based global fertilizer and crop nutrition company. Its business focuses on improving agricultural productivity through the production and distribution of nitrogen-based fertilizers, crop nutrition products and related agricultural solutions.

The company’s product portfolio includes ammonia, urea, nitrates, compound and specialty fertilizers, as well as industrial nitrogen products. Yara also provides agronomic guidance and digital tools intended to help farmers improve nutrient management, crop yields and environmental performance.

Yara serves agricultural and industrial customers across a broad international market, with operations, production facilities and sales activities spanning Europe, the Americas, Africa and other regions.