Yara International ASA (OTCMKTS:YARIY) Short Interest Update

Yara International ASA (OTCMKTS:YARIY) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,668 shares, a drop of 63.8% from the July 30th total of 4,606 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 48,724 shares, the short-interest ratio is presently 0.0 days.

Yara International ASA Trading Up 1.1%

Shares of OTCMKTS:YARIY opened at $23.80 on Friday. The business’s 50 day simple moving average is $22.86 and its 200 day simple moving average is $25.62. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 0.83. The company has a market capitalization of $12.12 billion, a P/E ratio of 7.91 and a beta of 0.56.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on YARIY shares. Jefferies Financial Group cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Zacks Research raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, Citigroup cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Three investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

About Yara International ASA

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.