Azul S.A. American Depositary Shares, each representing two (2) Common Shares (NYSEAMERICAN:AZUL) Short Interest Up 929.2% in June

Azul S.A. American Depositary Shares, each representing two (2) Common Shares (NYSEAMERICAN:AZUL) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 38,233 shares, a growth of 929.2% from the May 31st total of 3,715 shares. Based on an average daily trading volume, of 153,197 shares, the days-to-cover ratio is presently 0.2 days.

Azul S.A. American Depositary Shares, each representing two (2) Common Shares Price Performance

Azul S.A. American Depositary Shares, each representing two (2) Common Shares stock traded up $0.02 during trading hours on Friday, hitting $9.12. 112,206 shares of the company traded hands, compared to its average volume of 114,839. Azul S.A. American Depositary Shares, each representing two has a 1-year low of $3.90 and a 1-year high of $495.00.

Analysts Set New Price Targets

Separately, BWS Financial reaffirmed a “buy” rating and set a $20.00 target price on shares of Azul S.A. American Depositary Shares, each representing two (2) Common Shares in a research note on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $20.00.

Azul SA is a Brazilian airline company that operates a broad passenger air transportation network across Brazil. The company provides scheduled passenger service, connecting major metropolitan areas as well as regional destinations through a mix of high-density and smaller-market routes.

In addition to passenger transportation, Azul offers cargo and related aviation services. Its business is built around serving domestic travel demand in Brazil, with an emphasis on expanding connectivity to cities that may be underserved by larger carriers.

Azul was founded in 2008 and has grown into one of the major airlines in Brazil.