Yara International ASA (OTCMKTS:YARIY) Sees Significant Decrease in Short Interest

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 large decrease in short interest in August. As of August 31st, there was short interest totaling 18,600 shares, a decrease 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 presently 0.6 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Yara International ASA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Yara International ASA has an average rating of "Buy".

Yara International ASA Price Performance

YARIY traded up $0.04 during trading on Friday, reaching $18.23. The stock had a trading volume of 21,975 shares, compared to its average volume of 12,219. The firm has a market capitalization of $9.29 billion, a price-to-earnings ratio of 13.21 and a beta of 0.90. The company has a quick ratio of 0.83, a current ratio of 1.60 and a debt-to-equity ratio of 0.37. Yara International ASA has a 1-year low of $12.98 and a 1-year high of $20.31. The stock has a 50 day moving average of $18.53 and a two-hundred day moving average of $17.41.

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

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.