Euronext NV (OTCMKTS:ERNXY) Sees Large Growth in Short Interest

Euronext NV (OTCMKTS:ERNXY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,416 shares, an increase of 1,070.2% from the April 30th total of 121 shares. Based on an average daily volume of 1,231 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the shares of the stock are sold short.

Euronext Trading Down 19.3%

Shares of OTCMKTS ERNXY traded down $8.50 during mid-day trading on Friday, hitting $35.50. 3,662 shares of the stock traded hands, compared to its average volume of 4,451. Euronext has a twelve month low of $26.55 and a twelve month high of $44.00. The firm has a 50 day simple moving average of $33.95 and a two-hundred day simple moving average of $31.04.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Euronext to a “hold” rating in a research note on Wednesday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Euronext Company Profile

Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Ireland, and Norway. The company offers a range of exchange and corporate services, including security listings, cash and derivatives trading, and market data dissemination. It also provides listing venues and cash equities trading venues; and various marketplaces, including multilateral trading facilities for investors, broker-dealers, and other market participants to meet directly to buy and sell cash equities, fixed income securities, and exchange traded products.