easyJet plc (OTCMKTS:ESYJY) Short Interest Up 758.9% in July

easyJet plc (OTCMKTS:ESYJY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 27,279 shares, a growth of 758.9% from the July 15th total of 3,176 shares. Based on an average daily volume of 45,403 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Several research analysts have recently weighed in on ESYJY shares. Morgan Stanley restated an “underweight” rating on shares of easyJet in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft raised shares of easyJet from a “sell” rating to a “hold” rating in a research note on Wednesday, June 10th. UBS Group cut shares of easyJet to a “neutral” rating in a research report on Tuesday, June 30th. Barclays restated an “overweight” rating on shares of easyJet in a research note on Monday, June 15th. Finally, Sanford C. Bernstein lowered easyJet from an “outperform” rating to a “market perform” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce”.

easyJet Stock Performance

Shares of easyJet stock traded down $0.02 on Tuesday, hitting $9.08. 839 shares of the company’s stock traded hands, compared to its average volume of 24,505. easyJet has a 52-week low of $4.57 and a 52-week high of $9.17. The firm’s 50-day moving average is $7.81 and its 200 day moving average is $6.37.

easyJet Company Profile

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.