easyJet plc (OTCMKTS:ESYJY) Shares Shorted: Short Interest Up 138.3% in October

easyJet plc (OTCMKTS:ESYJY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,446 shares, an increase of 138.3% from the September 30th total of 1,866 shares. Based on an average daily volume of 22,723 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

ESYJY has been the topic of a number of recent research reports. Citigroup reaffirmed a “neutral” rating on shares of easyJet in a research report on Monday, July 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of easyJet in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, easyJet currently has a consensus rating of “Reduce”.

easyJet Trading Up 0.7%

Shares of OTCMKTS ESYJY opened at $9.04 on Friday. easyJet has a fifty-two week low of $4.57 and a fifty-two week high of $9.25. The stock has a fifty day moving average of $8.99 and a 200-day moving average of $7.11.

easyJet Company Profile

easyJet plc is a United Kingdom-based low-cost airline group that operates scheduled short-haul passenger flights. The company serves leisure and business travelers through a network connecting airports in the United Kingdom and continental Europe with destinations in countries including France, Spain, Italy, Portugal, Greece, Switzerland, and the Netherlands, as well as selected locations in North Africa and the Middle East.

In addition to its airline operations, easyJet offers ancillary travel services such as seat selection, baggage options, onboard products, and car-hire and accommodation arrangements.