Short Interest in Euronext (OTCMKTS:EUXTF) Decreases By 66.5%

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

Euronext Price Performance

Euronext stock remained flat at $168.00 during trading on Tuesday. Euronext has a 1-year low of $136.80 and a 1-year high of $177.10. The stock has a 50 day moving average of $167.33 and a 200 day moving average of $157.66.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Citigroup reiterated a “neutral” rating on shares of Euronext in a research note on Monday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Euronext in a report on Wednesday, June 17th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Euronext Company Profile

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.