Yara International ASA (OTCMKTS:YARIY) Short Interest Up 609.6% in June

Yara International ASA (OTCMKTS:YARIY) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 31,309 shares, an increase of 609.6% from the June 15th total of 4,412 shares. Based on an average trading volume of 98,158 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

YARIY has been the subject of several analyst reports. Zacks Research cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Citigroup lowered Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Jefferies Financial Group cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Yara International ASA Price Performance

OTCMKTS YARIY opened at $22.80 on Monday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.79 and a quick ratio of 1.02. The stock has a market capitalization of $11.62 billion, a PE ratio of 8.29 and a beta of 0.57. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The business’s 50-day moving average is $25.68 and its 200 day moving average is $25.20.

Yara International ASA (OTCMKTS:YARIY) last released its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.95 billion. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%. Sell-side analysts forecast that Yara International ASA will post 3.56 earnings per share for the current year.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.