easyJet plc (OTCMKTS:ESYJY) Sees Large Drop in Short Interest

easyJet plc (OTCMKTS:ESYJY) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 23,300 shares, a decline of 23.4% from the October 31st total of 30,400 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 5.1 days.

easyJet Stock Performance

OTCMKTS ESYJY traded up $0.30 during trading hours on Friday, reaching $7.00. The company’s stock had a trading volume of 2,362 shares, compared to its average volume of 7,796. easyJet has a 1-year low of $5.22 and a 1-year high of $7.36. The company’s 50-day moving average is $6.71 and its two-hundred day moving average is $6.22.

About easyJet

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.