Wizz Air Holdings Plc (OTCMKTS:WZZZY) Short Interest Up 500.0% in October

Wizz Air Holdings Plc (OTCMKTS:WZZZY) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,200 shares, an increase of 500.0% from the October 15th total of 200 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3.0 days.

Wizz Air Stock Performance

Shares of WZZZY opened at $4.55 on Thursday. The business’s fifty day moving average price is $4.30 and its two-hundred day moving average price is $5.56. Wizz Air has a 52 week low of $3.75 and a 52 week high of $8.00.

Wall Street Analysts Forecast Growth

WZZZY has been the topic of a number of research analyst reports. Royal Bank of Canada upgraded Wizz Air to a “moderate buy” rating in a research report on Wednesday, August 7th. Citigroup upgraded Wizz Air to a “strong sell” rating in a research report on Friday, October 4th. Finally, Sanford C. Bernstein upgraded Wizz Air to a “strong-buy” rating in a research report on Tuesday, October 1st.

Wizz Air Company Profile

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.