easyJet plc (OTCMKTS:EJTTF - Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 8,400 shares, a decrease of 70.7% from the May 15th total of 28,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 84.0 days. Currently, 0.0% of the company's stock are sold short.
Analyst Ratings Changes
Separately, Royal Bank of Canada raised easyJet from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, June 3rd.
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easyJet Stock Performance
Shares of EJTTF remained flat at $8.44 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 1.02. easyJet has a one year low of $4.98 and a one year high of $8.44. The stock has a 50-day simple moving average of $7.01 and a two-hundred day simple moving average of $6.70.
About easyJet
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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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