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

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

Yara International ASA Trading Down 2.9%

Shares of Yara International ASA stock traded down $0.57 during midday trading on Friday, reaching $19.18. 20,932 shares of the company's stock traded hands, compared to its average volume of 27,195. The company has a market cap of $9.77 billion, a PE ratio of 33.65 and a beta of 0.94. The stock has a 50 day moving average of $17.25 and a 200-day moving average of $15.40. Yara International ASA has a 12 month low of $12.98 and a 12 month high of $20.31. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.96 and a current ratio of 1.90.

Yara International ASA Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 18th. Investors of record on Tuesday, June 3rd were given a dividend of $0.1846 per share. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend was Monday, June 2nd. Yara International ASA's dividend payout ratio is currently 29.82%.

Wall Street Analyst Weigh In

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

About Yara International ASA

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.