Short Interest in Yara International ASA (OTCMKTS:YARIY) Declines By 29.2%

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 8,500 shares, a decline of 29.2% from the May 15th total of 12,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 23,400 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

YARIY has been the topic of several research analyst reports. Kepler Capital Markets upgraded shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. BNP Paribas raised Yara International ASA to a "strong-buy" rating in a research report on Wednesday, April 9th.

Yara International ASA Stock Performance

YARIY opened at $20.05 on Tuesday. The stock's 50 day simple moving average is $16.94 and its 200-day simple moving average is $15.30. The company has a current ratio of 1.83, a quick ratio of 0.96 and a debt-to-equity ratio of 0.49. The stock has a market cap of $10.21 billion, a PE ratio of 668.33 and a beta of 0.94. Yara International ASA has a 1 year low of $12.98 and a 1 year high of $20.31.

Yara International ASA Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Tuesday, June 3rd will be paid a $0.1846 dividend. This represents a dividend yield of 1.02%. The ex-dividend date is Monday, June 2nd. Yara International ASA's dividend payout ratio is 28.07%.

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.

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