Yara International ASA (OTCMKTS:YARIY) Short Interest Down 23.5% in August

Key Points

• Yara International ASA experienced a significant 23.5% decline in short interest during August, with total short interest dropping to 18,600 shares as of August 31st.
• Kepler Capital Markets upgraded Yara International's stock rating from "hold" to "strong-buy", contributing to a consensus rating of "Buy" from analysts.
• The company's most recent earnings report showed an EPS of $1.82, surpassing the consensus estimate by $1.29, with revenue reported at $3.95 billion.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 18,600 shares, a decline of 23.5% from the August 15th total of 24,300 shares. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Yara International ASA has a consensus rating of "Buy".

Yara International ASA Price Performance

OTCMKTS:YARIY opened at $18.82 on Wednesday. The stock has a market cap of $9.59 billion, a P/E ratio of 13.64 and a beta of 0.90. Yara International ASA has a one year low of $12.98 and a one year high of $20.31. The company has a fifty day moving average price of $18.58 and a 200 day moving average price of $17.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.60 and a quick ratio of 0.83.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last released its earnings results on Friday, July 18th. The basic materials company reported $1.82 EPS for the quarter, beating the consensus estimate of $0.53 by $1.29. The firm had revenue of $3.95 billion during the quarter, compared to analysts' expectations of $41.02 billion. Yara International ASA had a net margin of 4.78% and a return on equity of 19.27%. Analysts anticipate that Yara International ASA will post 1.33 earnings per share for the current year.

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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