Ryanair Holdings plc (NASDAQ:RYAAY) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 1,062,521 shares, a decline of 49.4% from the January 15th total of 2,100,780 shares. Based on an average daily trading volume, of 1,285,913 shares, the days-to-cover ratio is presently 0.8 days.

Several equities analysts have recently commented on the stock. Raymond James upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating and set a $85.00 target price for the company in a research report on Wednesday, January 30th. They noted that the move was a valuation call. ValuEngine cut shares of Ryanair from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 15th. BidaskClub cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Tuesday, December 11th. Berenberg Bank cut shares of Ryanair from a “hold” rating to a “sell” rating in a research report on Tuesday, January 8th. Finally, Zacks Investment Research restated a “hold” rating on shares of Ryanair in a research report on Monday, December 31st. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $80.50.

Shares of Ryanair stock opened at $72.84 on Thursday. The company has a market cap of $16.82 billion, a P/E ratio of 10.33 and a beta of 0.82. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.91 and a current ratio of 0.91. Ryanair has a 1 year low of $65.61 and a 1 year high of $127.61.

Institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC grew its holdings in shares of Ryanair by 2,727.3% during the 4th quarter. Quadrant Capital Group LLC now owns 933 shares of the transportation company’s stock valued at $65,000 after purchasing an additional 900 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp bought a new stake in shares of Ryanair during the 4th quarter valued at approximately $84,000. We Are One Seven LLC bought a new stake in shares of Ryanair during the 4th quarter valued at approximately $116,000. NumerixS Investment Technologies Inc grew its holdings in Ryanair by 171.4% during the 4th quarter. NumerixS Investment Technologies Inc now owns 1,900 shares of the transportation company’s stock worth $136,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Raymond James Trust N.A. bought a new stake in Ryanair during the 3rd quarter worth approximately $251,000. 43.71% of the stock is currently owned by institutional investors.

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About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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