easyJet plc (OTCMKTS:ESYJY – Get Free Report) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 3,700 shares, a drop of 84.9% from the January 31st total of 24,500 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.3 days.
easyJet Price Performance
Shares of OTCMKTS:ESYJY traded down $0.21 on Thursday, reaching $6.10. The company had a trading volume of 5,147 shares, compared to its average volume of 7,968. The stock has a 50-day moving average price of $6.49 and a 200 day moving average price of $6.56. easyJet has a twelve month low of $5.22 and a twelve month high of $7.73.
easyJet Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, February 21st will be paid a $0.1549 dividend. The ex-dividend date is Friday, February 21st. This is a positive change from easyJet’s previous dividend of $0.06. easyJet’s dividend payout ratio (DPR) is presently 38.46%.
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.
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