Yara International ASA (OTCMKTS:YARIY) Shares Shorted: Short Interest Down 86.4% in October

Key Points

• Short interest plunged 86.4% in October to 2,427 shares, representing 0.0% of Yara International’s stock and a short-interest ratio of 0.0 days.
• Yara reported quarterly EPS of $0.48, missing the $0.59 analyst consensus, while revenue of $4.48 billion slightly exceeded estimates.
• Analyst sentiment remains mixed, with ratings spanning Strong Buy to Sell and a consensus rating of Hold; the stock opened at $21.62, well below its 52-week high of $31.28.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 2,427 shares, a drop of 86.4% from the September 30th total of 17,910 shares. Based on an average trading volume of 84,949 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's stock are short sold.

Yara International ASA Trading Up 0.5%

OTCMKTS:YARIY opened at $21.62 on Tuesday. The company has a market capitalization of $11.01 billion, a P/E ratio of 7.91 and a beta of 0.61. The stock's 50 day moving average price is $23.10 and its 200 day moving average price is $24.66. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.83 and a current ratio of 1.78. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last posted its earnings results on Thursday, October 22nd. The basic materials company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.11). The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.46 billion. Yara International ASA had a net margin of 8.20% and a return on equity of 15.44%. On average, research analysts forecast that Yara International ASA will post 2.93 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Zacks Research cut Yara International ASA from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 1st. Barclays raised Yara International ASA to a "strong sell" rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Yara International ASA has a consensus rating of "Hold".

Yara International ASA Company Profile

Yara International ASA is a Norway-based global fertilizer and crop nutrition company. Its business focuses on improving agricultural productivity through the production and distribution of nitrogen-based fertilizers, crop nutrition products and related agricultural solutions.

The company's product portfolio includes ammonia, urea, nitrates, compound and specialty fertilizers, as well as industrial nitrogen products. Yara also provides agronomic guidance and digital tools intended to help farmers improve nutrient management, crop yields and environmental performance.

Yara serves agricultural and industrial customers across a broad international market, with operations, production facilities and sales activities spanning Europe, the Americas, Africa and other regions.

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