Yara International ASA (OTCMKTS:YARIY) Stock Short Interest Climbs 342.4%

Yara International ASA (OTCMKTS:YARIY) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 10,737 shares, an increase of 342.4% from the October 15th total of 2,427 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 169,784 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. BNP Paribas Exane raised Yara International ASA to a “hold” rating in a research note on Tuesday, October 27th. Barclays upgraded Yara International ASA to a “strong sell” rating in a research note on Friday, September 4th. Finally, Zacks Research upgraded Yara International ASA from a “strong sell” rating to a “hold” rating in a research note on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Yara International ASA Price Performance

OTCMKTS YARIY traded down $0.07 on Friday, reaching $21.22. The company had a trading volume of 5,740 shares, compared to its average volume of 38,728. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $10.81 billion, a PE ratio of 7.66 and a beta of 0.61. The firm’s 50 day moving average price is $22.43 and its 200 day moving average price is $24.70. Yara International ASA has a 12 month low of $17.48 and a 12 month high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last announced 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). Yara International ASA had a return on equity of 15.44% and a net margin of 8.20%. The company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.46 billion. As a group, equities analysts predict that Yara International ASA will post 3.92 earnings per share for the current year.

About Yara International ASA

Yara International ASA is a Norway-based company focused on crop nutrition and industrial nitrogen products. Its offerings include nitrogen fertilizers such as ammonia, urea and nitrate fertilizers, as well as blended fertilizers and crop nutrition solutions designed to support agricultural productivity. The company also supplies ammonia and other nitrogen-based products for industrial uses, including solutions that help reduce emissions. Yara serves agricultural and industrial customers across a broad international network, with operations and commercial activities spanning multiple regions.