Short Interest in easyJet plc (OTCMKTS:ESYJY) Decreases By 5.2%

easyJet plc (OTCMKTS:ESYJY) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 18,300 shares, a drop of 5.2% from the December 31st total of 19,300 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is currently 3.7 days.

easyJet Stock Up 0.2 %

OTCMKTS:ESYJY traded up $0.01 during mid-day trading on Monday, hitting $6.35. 5,799 shares of the company’s stock were exchanged, compared to its average volume of 7,432. The company has a 50 day simple moving average of $6.77 and a 200-day simple moving average of $6.48. easyJet has a fifty-two week low of $5.22 and a fifty-two week high of $7.73.

easyJet Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Friday, February 21st will be given a $0.1549 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from easyJet’s previous dividend of $0.06. easyJet’s payout ratio is 38.46%.

easyJet Company Profile

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.