Yara International ASA (OTCMKTS:YARIY) Short Interest Update

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 increase in short interest in July. As of July 15th, there was short interest totaling 11,000 shares, anincreaseof54.9% from the June 30th total of 7,100 shares. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

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

Yara International ASA Price Performance

OTCMKTS:YARIY traded up $0.05 during mid-day trading on Friday, hitting $18.08. 13,904 shares of the company's stock traded hands, compared to its average volume of 15,658. Yara International ASA has a 1 year low of $12.98 and a 1 year high of $20.31. The company has a market cap of $9.21 billion, a PE ratio of 13.10 and a beta of 0.88. The firm's 50 day simple moving average is $18.79 and its 200 day simple moving average is $16.63. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 1.60.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last released its quarterly 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 net margin of 4.78% and a return on equity of 19.27%. The company had revenue of $3.95 billion for the quarter, compared to analysts' expectations of $41.02 billion. Sell-side analysts expect that Yara International ASA will post 1.33 EPS for the current year.

Yara International ASA Cuts Dividend

The firm also recently declared 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. This represents a yield of 102.0%. The ex-dividend date of this dividend was Monday, June 2nd. Yara International ASA's 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.