Yara International ASA (OTCMKTS:YARIY) Sees Large Drop in Short Interest

Yara International ASA (OTCMKTS:YARIY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 81.0% from the February 28th total of 6,300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 39,200 shares, the days-to-cover ratio is currently 0.0 days.

Yara International ASA Price Performance

YARIY traded down $0.06 during midday trading on Wednesday, hitting $15.18. The stock had a trading volume of 3,584 shares, compared to its average volume of 29,091. The business has a fifty day moving average of $14.82 and a 200 day moving average of $14.66. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.96 and a current ratio of 1.83. Yara International ASA has a 1 year low of $12.98 and a 1 year high of $16.71. The company has a market cap of $7.73 billion, a P/E ratio of 506.00 and a beta of 0.99.

Yara International ASA (OTCMKTS:YARIY) last issued its quarterly earnings data on Friday, February 14th. The basic materials company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.33). Yara International ASA had a return on equity of 7.70% and a net margin of 0.10%. As a group, equities analysts forecast that Yara International ASA will post 1.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BNP Paribas raised shares of Yara International ASA to a “hold” rating in a report on Friday, February 14th.

Yara International ASA Company Profile

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.