Euronext NV (OTCMKTS:ERNXY) Stock Short Interest Jumps 276.5%

Euronext NV (OTCMKTS:ERNXY) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,412 shares, an increase of 276.5% from the October 15th total of 1,172 shares. Based on an average daily volume of 3,735 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the company’s shares are sold short.

Euronext Stock Performance

Euronext stock opened at $38.10 on Friday. Euronext has a 52-week low of $26.55 and a 52-week high of $44.00. The stock’s 50 day moving average price is $37.53 and its two-hundred day moving average price is $34.57.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Euronext from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat, Euronext currently has a consensus rating of “Strong Buy”.

Euronext Company Profile

Euronext N.V. operates a pan-European exchange and financial market infrastructure business. It provides markets for companies and investors to list, trade and manage a range of financial instruments, including equities, bonds, derivatives and exchange-traded products. Its services also include clearing, settlement, custody, market data and technology solutions. The company was formed in 2000 through the combination of the Amsterdam, Brussels and Paris stock exchanges. It has since expanded its network to include markets in several European countries, including Ireland, Italy, Norway and Portugal, serving issuers, investors and financial institutions across the region.