Short Interest in Yara International ASA (OTCMKTS:YARIY) Expands By 366.7%

Yara International ASA (OTCMKTS:YARIY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 54,600 shares, an increase of 366.7% from the May 31st total of 11,700 shares. Based on an average daily volume of 111,600 shares, the days-to-cover ratio is presently 0.5 days.

Yara International ASA Stock Down 1.0 %

Shares of OTCMKTS:YARIY traded down $0.15 during trading on Thursday, hitting $14.34. The company’s stock had a trading volume of 39,262 shares, compared to its average volume of 56,470. Yara International ASA has a fifty-two week low of $13.84 and a fifty-two week high of $20.69. The business has a 50 day moving average price of $14.81 and a two-hundred day moving average price of $15.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 1.70. The company has a market capitalization of $7.31 billion, a PE ratio of -207.00 and a beta of 0.97.

Yara International ASA (OTCMKTS:YARIY) last released its earnings results on Friday, April 26th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $3.32 billion during the quarter. Yara International ASA had a positive return on equity of 3.19% and a negative net margin of 0.24%. As a group, research analysts expect that Yara International ASA will post 1.13 EPS for the current fiscal year.

Yara International ASA Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, June 13th. Investors of record on Thursday, May 30th were issued a $0.2354 dividend. The ex-dividend date was Wednesday, May 29th. Yara International ASA’s dividend payout ratio (DPR) is -228.57%.

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.