easyjet PLC (OTCMKTS:EJTTF) Short Interest Update

easyjet PLC (OTCMKTS:EJTTF) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 57,056 shares, a drop of 39.6% from the August 31st total of 94,451 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Analysts Set New Price Targets

Several research analysts have issued reports on EJTTF shares. UBS Group cut easyjet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Zacks Research raised easyjet to a “hold” rating in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, easyjet has an average rating of “Hold”.

easyjet Price Performance

easyjet stock opened at $8.89 on Wednesday. easyjet has a one year low of $4.59 and a one year high of $9.62. The stock’s 50 day moving average price is $8.71 and its 200 day moving average price is $6.75.

easyjet Company Profile

easyJet plc is a British low-cost airline group headquartered at London Luton Airport. Founded in 1995 by entrepreneur Stelios Haji-Ioannou, the company operates scheduled passenger flights using the easyJet brand and focuses on offering affordable air travel with a broad network of short-haul routes.

The airline serves destinations across the United Kingdom and continental Europe, as well as selected locations in North Africa and the Middle East. Its network connects major airports and regional destinations, with operations supported by a fleet primarily consisting of Airbus aircraft.

In addition to its airline operations, easyJet offers vacation packages through easyJet holidays, which combines flights with hotel accommodations and related travel services.