Short Interest in Jet2 plc (OTCMKTS:DRTGF) Grows By 564.9%

Jet2 plc (OTCMKTS:DRTGF) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 21,876 shares, an increase of 564.9% from the February 26th total of 3,290 shares. Based on an average trading volume of 3,600 shares, the short-interest ratio is currently 6.1 days. Based on an average trading volume of 3,600 shares, the short-interest ratio is currently 6.1 days.

Jet2 Price Performance

Shares of OTCMKTS:DRTGF remained flat at $14.43 during midday trading on Tuesday. The stock had a trading volume of 85,742 shares, compared to its average volume of 6,828. Jet2 has a 12 month low of $14.07 and a 12 month high of $25.32. The stock has a fifty day moving average of $16.62 and a 200 day moving average of $17.79.

Jet2 Company Profile

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.