easyJet plc (OTCMKTS:ESYJY) Sees Significant Decline in Short Interest

easyJet plc (OTCMKTS:ESYJY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 3,400 shares, a drop of 30.6% from the May 31st total of 4,900 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 1.5 days.

easyJet Trading Up 1.1 %

Shares of OTCMKTS:ESYJY traded up $0.07 during midday trading on Friday, reaching $5.79. The company had a trading volume of 3,167 shares, compared to its average volume of 9,293. The company has a fifty day simple moving average of $6.19 and a two-hundred day simple moving average of $6.56. easyJet has a 1-year low of $4.24 and a 1-year high of $7.36.

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.