easyjet PLC (OTCMKTS:EJTTF) Shares Shorted: Short Interest Down 39.6% in September

easyjet PLC (OTCMKTS:EJTTF) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 57,056 shares, a drop of 39.6% from the August 31st total of 94,451 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Zacks Research raised shares of easyjet to a “hold” rating in a report on Wednesday, July 8th. UBS Group downgraded easyjet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

easyjet Price Performance

OTCMKTS:EJTTF opened at $8.89 on Wednesday. easyjet has a twelve month low of $4.59 and a twelve month high of $9.62. The company’s 50-day moving average price is $8.71 and its 200-day moving average price is $6.75.

easyjet Company Profile

easyJet plc is a British low-cost airline group headquartered at London Luton Airport. Founded in 1995 by entrepreneur Stelios Haji-Ioannou, the company operates scheduled passenger flights using the easyJet brand and focuses on offering affordable air travel with a broad network of short-haul routes.

The airline serves destinations across the United Kingdom and continental Europe, as well as selected locations in North Africa and the Middle East. Its network connects major airports and regional destinations, with operations supported by a fleet primarily consisting of Airbus aircraft.

In addition to its airline operations, easyJet offers vacation packages through easyJet holidays, which combines flights with hotel accommodations and related travel services.