Ryanair Holdings plc (NASDAQ:RYAAY) Short Interest Down 12.7% in May

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 3,980,000 shares, a decrease of 12.7% from the April 30th total of 4,560,000 shares. Based on an average daily trading volume, of 1,800,000 shares, the short-interest ratio is currently 2.2 days. Currently, 0.7% of the company's stock are short sold.

Institutional Investors Weigh In On Ryanair

A number of large investors have recently bought and sold shares of RYAAY. National Bank of Canada FI grew its position in Ryanair by 198.6% in the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after acquiring an additional 437 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Ryanair by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after purchasing an additional 481 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after purchasing an additional 236 shares during the last quarter. Redwood Park Advisors LLC acquired a new position in Ryanair during the 4th quarter worth approximately $43,000. Finally, Kayne Anderson Rudnick Investment Management LLC increased its position in Ryanair by 1,158.0% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,019 shares of the transportation company's stock worth $43,000 after purchasing an additional 938 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Performance

Shares of RYAAY traded up $1.12 during midday trading on Friday, reaching $56.99. 568,366 shares of the stock were exchanged, compared to its average volume of 1,665,114. The stock's 50 day simple moving average is $48.74 and its 200 day simple moving average is $46.44. The company has a market cap of $30.31 billion, a P/E ratio of 17.47, a PEG ratio of 2.01 and a beta of 1.37. Ryanair has a twelve month low of $36.96 and a twelve month high of $57.32. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21.

Analyst Ratings Changes

A number of research analysts have weighed in on RYAAY shares. Royal Bank of Canada restated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Citigroup reiterated a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Three analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $147.00.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.