Short Interest in Yara International ASA (OTCMKTS:YARIY) Expands By 111.8%

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) saw a significant increase in short interest during 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. Approximately0.0% of the company's shares are short sold. Based on an average trading volume of 27,200 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 27,200 shares, the days-to-cover ratio is currently 0.9 days. Approximately0.0% of the company's shares are short sold.

Yara International ASA Trading Down 1.9%

OTCMKTS:YARIY traded down $0.35 on Tuesday, reaching $18.21. The company's stock had a trading volume of 12,100 shares, compared to its average volume of 24,179. Yara International ASA has a 1-year low of $12.98 and a 1-year high of $20.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 1.60. The firm has a market cap of $9.28 billion, a PE ratio of 13.20 and a beta of 0.88. The business's 50-day moving average price is $18.80 and its two-hundred day moving average price is $16.79.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last released its earnings results on Friday, July 18th. The basic materials company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $3.95 billion for the quarter, compared to analyst estimates of $41.02 billion. Equities research analysts anticipate 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 disclosed a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Tuesday, June 3rd were paid a $0.1846 dividend. The ex-dividend date was Monday, June 2nd. This represents a yield of 102.0%. Yara International ASA's dividend payout ratio is currently 12.32%.

Analyst Upgrades and Downgrades

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

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.