easyJet plc (OTCMKTS:EJTTF) Sees Significant Drop in Short Interest

easyJet plc (OTCMKTS:EJTTF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 42,000 shares, a decline of 11.9% from the October 15th total of 47,700 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 38.2 days.

easyJet Stock Performance

Shares of EJTTF stock remained flat at $6.65 during mid-day trading on Monday. The firm has a 50-day moving average of $6.32 and a two-hundred day moving average of $5.96. easyJet has a 1-year low of $4.81 and a 1-year high of $7.30.

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.