Short Interest in easyJet plc (OTCMKTS:ESYJY) Drops By 69.5%

easyJet plc (OTCMKTS:ESYJYGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 3,176 shares, a drop of 69.5% from the June 30th total of 10,413 shares. Based on an average daily trading volume, of 79,124 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities research analysts recently commented on ESYJY shares. UBS Group cut shares of easyJet to a “neutral” rating in a research report on Tuesday, June 30th. Citigroup restated a “neutral” rating on shares of easyJet in a research note on Monday, July 13th. Sanford C. Bernstein lowered easyJet from an “outperform” rating to a “market perform” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft upgraded easyJet from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Finally, Morgan Stanley reissued an “underweight” rating on shares of easyJet in a report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Check Out Our Latest Stock Analysis on ESYJY

easyJet Stock Performance

Shares of ESYJY opened at $8.27 on Friday. The company’s 50 day simple moving average is $7.01 and its 200-day simple moving average is $6.20. easyJet has a 12-month low of $4.57 and a 12-month high of $9.17.

easyJet Company Profile

(Get Free Report)

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.

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