easyJet plc (OTCMKTS:ESYJY) Sees Significant Decline in Short Interest

easyJet plc (OTCMKTS:ESYJY) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 3,700 shares, a decline of 84.9% from the January 31st total of 24,500 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.3 days.

easyJet Stock Up 3.4 %

Shares of OTCMKTS ESYJY traded up $0.21 during trading on Friday, hitting $6.31. 2,692 shares of the company traded hands, compared to its average volume of 7,824. easyJet has a 1 year low of $5.22 and a 1 year high of $7.73. The company has a 50-day moving average price of $6.47 and a 200-day moving average price of $6.56.

easyJet Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.1549 per share. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from easyJet’s previous dividend of $0.06. easyJet’s payout ratio is currently 38.46%.

easyJet Company Profile

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.