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

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totalling 12,000 shares, a drop of 52.4% from the April 30th total of 25,200 shares. Based on an average trading volume of 50,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company's stock are sold short.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded Yara International ASA to a "strong-buy" rating in a report on Wednesday, April 9th.

Yara International ASA Stock Performance

Shares of Yara International ASA stock traded down $0.49 during midday trading on Friday, hitting $17.98. The company had a trading volume of 11,684 shares, compared to its average volume of 28,736. The business's 50 day simple moving average is $16.03 and its two-hundred day simple moving average is $14.95. The stock has a market cap of $9.16 billion, a PE ratio of 599.33 and a beta of 0.91. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.83 and a quick ratio of 0.96. Yara International ASA has a 1-year low of $12.98 and a 1-year high of $18.72.

Yara International ASA Cuts Dividend

The business 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. The ex-dividend date is Monday, June 2nd. This represents a dividend yield of 1.02%. Yara International ASA's payout ratio is 28.07%.

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.