easyJet plc (OTCMKTS:ESYJY – Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decline of 60.0% from the February 28th total of 3,500 shares. Based on an average trading volume of 7,900 shares, the short-interest ratio is currently 0.2 days.
easyJet Stock Down 2.0 %
ESYJY traded down $0.13 on Friday, hitting $6.01. The company’s stock had a trading volume of 860 shares, compared to its average volume of 6,748. easyJet has a 12 month low of $5.22 and a 12 month high of $7.73. The company’s 50 day simple moving average is $6.31 and its 200-day simple moving average is $6.62.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft cut easyJet from a “buy” rating to a “hold” rating in a research note on Thursday.
About easyJet
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.
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