easyJet plc (OTCMKTS:ESYJY) Short Interest Down 85.1% in December

easyJet plc (OTCMKTS:ESYJY) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,500 shares, a decrease of 85.1% from the December 15th total of 10,100 shares. Based on an average daily volume of 32,400 shares, the short-interest ratio is presently 0.0 days.

OTCMKTS:ESYJY traded up $0.10 during midday trading on Friday, hitting $8.77. The company’s stock had a trading volume of 5,443 shares, compared to its average volume of 14,234. easyJet has a fifty-two week low of $6.44 and a fifty-two week high of $15.74. The firm’s 50 day moving average is $7.67 and its 200-day moving average is $9.67.

ESYJY has been the topic of several research analyst reports. Barclays restated an “equal weight” rating on shares of easyJet in a research note on Wednesday, October 13th. Exane BNP Paribas assumed coverage on shares of easyJet in a report on Thursday, October 7th. They set an “outperform” rating and a 900.00 price objective on the stock. Credit Suisse Group reiterated an “outperform” rating on shares of easyJet in a research note on Friday, November 19th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of easyJet in a research report on Monday, October 25th. Finally, Kepler Capital Markets cut shares of easyJet from a “hold” rating to a “reduce” rating in a report on Monday, November 15th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, easyJet currently has an average rating of “Hold” and a consensus target price of $900.00.

About easyJet

easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.

Featured Article: Fundamental Analysis – How It Helps Investors

Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.