Euronext (OTCMKTS:EUXTF) Sees Significant Decrease in Short Interest

Euronext (OTCMKTS:EUXTF) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 3,321 shares, a drop of 66.5% from the June 15th total of 9,902 shares. Based on an average daily trading volume, of 372 shares, the days-to-cover ratio is currently 8.9 days.

Analyst Ratings Changes

A number of brokerages recently commented on EUXTF. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Euronext in a research note on Wednesday, June 17th. Citigroup restated a “neutral” rating on shares of Euronext in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Euronext Price Performance

Shares of EUXTF opened at $168.00 on Monday. Euronext has a 1 year low of $136.80 and a 1 year high of $177.10. The company’s 50 day simple moving average is $167.40 and its 200 day simple moving average is $157.52.

About Euronext

Euronext is a leading pan-European exchange group operating regulated equity and derivatives markets across seven core countries. Through its trading platforms in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris, the company provides listing, trading and market data services for a broad range of asset classes including equities, bonds, exchange-traded funds and derivatives. Euronext also offers indices covering multiple sectors and regions, alongside comprehensive technology solutions for market participants and infrastructure providers.

In addition to its primary trading venues, Euronext delivers post-trade services through its central counterparty clearing house and central securities depository businesses.