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

Yara International ASA (OTCMKTS:YARIY) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 7,715 shares, an increase of 362.5% from the August 15th total of 1,668 shares. Based on an average trading volume of 71,919 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Yara International ASA Price Performance

Shares of OTCMKTS:YARIY opened at $25.04 on Friday. The company has a market cap of $12.75 billion, a PE ratio of 8.32 and a beta of 0.57. Yara International ASA has a twelve month low of $17.48 and a twelve month high of $31.28. The company’s 50 day moving average is $23.38 and its 200 day moving average is $25.68. The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 0.31.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on YARIY shares. Zacks Research cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. Barclays upgraded shares of Yara International ASA to a “strong sell” rating in a report on Friday, September 4th. Finally, Jefferies Financial Group downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Yara International ASA Company Profile

Yara International ASA is a Norway-based global company focused on crop nutrition and agricultural solutions. Its principal products include nitrogen fertilizers such as nitrates, urea and ammonia, as well as specialty fertilizers designed to support crop yields and improve nutrient efficiency.

The company also produces industrial nitrogen chemicals, including ammonia and nitrate-based products used in applications such as mining, manufacturing and environmental technology. Yara provides agronomic advice, digital farming tools and other services intended to help farmers manage nutrients and improve productivity while reducing agriculture’s environmental impact.

Yara serves customers through operations, production facilities and distribution networks across Europe, the Americas, Africa and Asia-Pacific.