Short Interest in Ezra Holdings Limited (NASDAQ:EZRA) Drops By 93.4%

Ezra Holdings Limited (NASDAQ:EZRA) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 77,546 shares, a drop of 93.4% from the May 14th total of 1,166,971 shares. Based on an average daily volume of 292,774 shares, the short-interest ratio is presently 0.3 days.

Insider Buying and Selling

In other Ezra news, CFO Joel Markovits sold 3,189 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $8.40, for a total value of $26,787.60. Following the sale, the chief financial officer directly owned 3 shares of the company’s stock, valued at approximately $25.20. This trade represents a 99.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Analyst Ratings Changes

A number of research firms have recently issued reports on EZRA. Weiss Ratings began coverage on shares of Ezra in a report on Thursday, March 12th. They set a “sell (e+)” rating for the company. Wall Street Zen raised shares of Ezra to a “hold” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Ezra currently has an average rating of “Sell”.

Ezra Stock Performance

Shares of EZRA traded down $0.07 during mid-day trading on Wednesday, reaching $3.56. The company’s stock had a trading volume of 60,581 shares, compared to its average volume of 276,528. Ezra has a 12-month low of $3.25 and a 12-month high of $142.00. The firm’s 50 day moving average price is $6.01.

Ezra (NASDAQ:EZRA) last announced its earnings results on Thursday, May 7th. The company reported ($3.60) earnings per share (EPS) for the quarter. The company had revenue of $3.80 million during the quarter.