Euronext (OTCMKTS:EUXTF) Shares Shorted: Short Interest Up 240.9% in October

Euronext (OTCMKTS:EUXTF) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 16,521 shares, a growth of 240.9% from the September 30th total of 4,846 shares. Based on an average daily trading volume, of 34 shares, the days-to-cover ratio is presently 485.9 days.

Euronext Stock Performance

OTCMKTS:EUXTF opened at $199.80 on Friday. Euronext has a 52 week low of $136.80 and a 52 week high of $200.00. The stock’s 50-day moving average price is $185.45 and its 200-day moving average price is $168.01.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Euronext from a “neutral” rating to a “buy” rating in a report on Monday, October 19th. Two equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Euronext presently has an average rating of “Buy”.

Euronext Company Profile

Euronext N.V. is a pan-European market infrastructure group that operates regulated exchanges and trading venues across Europe. Its markets support the listing and trading of equities, bonds, exchange-traded funds, derivatives, commodities, foreign exchange products and other financial instruments.

The company provides services throughout the capital-markets value chain, including primary-market services for companies and governments, secondary-market trading, clearing, settlement, custody, market data and index administration.