Yara International ASA (OTCMKTS:YARIY) Sees Large Drop in Short Interest

Yara International ASA (OTCMKTS:YARIY) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 12,300 shares, a drop of 44.8% from the October 15th total of 22,300 shares. Based on an average daily trading volume, of 29,700 shares, the short-interest ratio is currently 0.4 days.

Yara International ASA Price Performance

Shares of Yara International ASA stock opened at $13.97 on Friday. The firm has a market cap of $7.12 billion, a P/E ratio of 10.40 and a beta of 0.95. Yara International ASA has a twelve month low of $13.25 and a twelve month high of $17.99. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.95 and a current ratio of 1.81. The firm’s 50-day simple moving average is $15.16 and its 200-day simple moving average is $14.68.

Analyst Ratings Changes

Separately, Redburn Atlantic upgraded shares of Yara International ASA to a “strong sell” rating in a report on Friday, October 18th.

Yara International ASA Company Profile

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.