Yara International ASA (OTCMKTS:YARIY) Short Interest Up 111.8% in July

Key Points

• Yara International ASA experienced a significant increase in short interest of 111.8% in July, reaching a total of 23,300 shares by the end of the month.
• Analyst ratings for Yara International were upgraded from a "hold" to a "strong-buy" by Kepler Capital Markets, indicating positive sentiment towards the company's performance.
• The company reported $1.82 EPS for the most recent quarter, significantly exceeding analysts' expectations of $0.53, while also announcing a recent dividend of $0.1846 per share.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 23,300 shares, anincreaseof111.8% from the July 15th total of 11,000 shares. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 0.9 days. Approximately0.0% of the company's shares are short sold. Approximately0.0% of the company's shares are short sold. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 0.9 days.

Wall Street Analyst Weigh In

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

Yara International ASA Trading Down 0.8%

Shares of YARIY stock traded down $0.14 during trading hours on Thursday, hitting $18.32. The company had a trading volume of 14,941 shares, compared to its average volume of 16,359. The company's fifty day moving average is $18.80 and its 200 day moving average is $16.84. 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 has a fifty-two week low of $12.98 and a fifty-two week high of $20.31. The stock has a market capitalization of $9.33 billion, a PE ratio of 13.28 and a beta of 0.88.

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

Yara International ASA Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Tuesday, June 3rd were issued a dividend of $0.1846 per share. The ex-dividend date was Monday, June 2nd. This represents a yield of 102.0%. Yara International ASA's dividend payout ratio is 12.32%.

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.