easyJet plc (OTCMKTS:ESYJY – Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 60.0% from the February 28th total of 3,500 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is currently 0.2 days.
easyJet Price Performance
Shares of easyJet stock traded down $0.13 during trading on Friday, reaching $6.01. The company’s stock had a trading volume of 860 shares, compared to its average volume of 6,748. easyJet has a 52-week low of $5.22 and a 52-week high of $7.73. The firm’s 50-day moving average is $6.31 and its two-hundred day moving average is $6.62.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft downgraded easyJet from a “buy” rating to a “hold” rating in a research report on Thursday.
About easyJet
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.
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