Yara International ASA (OTCMKTS:YARIY) Short Interest Up 54.9% in July

Key Points

• Yara International ASA experienced a significant 54.9% increase in short interest during July, with total short interest reaching 11,000 shares.
• The company has received multiple upgrades from brokerages, including a boost to a"strong-buy" rating from BNP Paribas and Kepler Capital Markets.
• Yara's latest earnings report showed earnings per share (EPS) of $1.82, significantly exceeding the consensus estimate of $0.53, against reported revenue of $3.95 billion.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 11,000 shares, agrowthof54.9% from the June 30th total of 7,100 shares. Based on an average daily volume of 25,600 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 25,600 shares, the short-interest ratio is currently 0.4 days.

Yara International ASA Stock Performance

Shares of YARIY traded up $0.05 during trading hours on Friday, hitting $18.08. The stock had a trading volume of 13,904 shares, compared to its average volume of 24,578. 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 50-day moving average price of $18.79 and a 200 day moving average price of $16.61. Yara International ASA has a fifty-two week low of $12.98 and a fifty-two week high of $20.31. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of 13.10 and a beta of 0.88.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last posted its earnings results on Friday, July 18th. The basic materials company reported $1.82 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts' expectations of $41.02 billion. As a group, research analysts anticipate that Yara International ASA will post 1.33 EPS for the current year.

Yara International ASA Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Tuesday, June 3rd were given 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 currently 12.32%.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th.

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.