Yara International ASA (OTCMKTS:YARIY) Short Interest Up 684.7% in May

Yara International ASA (OTCMKTS:YARIY – Get Rating) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 66,700 shares, a growth of 684.7% from the April 30th total of 8,500 shares. Based on an average daily volume of 90,800 shares, the short-interest ratio is presently 0.7 days.

Several research firms have commented on YARIY. JPMorgan Chase & Co. boosted their price target on shares of Yara International ASA from 500.00 to 540.00 in a report on Friday, April 8th. Zacks Investment Research upgraded shares of Yara International ASA from a “sell” rating to a “hold” rating and set a $32.00 target price for the company in a report on Wednesday, April 13th. Credit Suisse Group upped their price target on shares of Yara International ASA from 360.00 to 400.00 in a research report on Friday, April 1st. UBS Group upped their price target on shares of Yara International ASA from 430.00 to 465.00 and gave the company a “neutral” rating in a research report on Friday, April 1st. Finally, Morgan Stanley upped their price target on shares of Yara International ASA from 440.00 to 482.00 in a research report on Monday, April 11th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $412.00.

Yara International ASA stock traded up $0.07 during trading hours on Wednesday, reaching $25.26. 32,066 shares of the stock were exchanged, compared to its average volume of 28,754. The stock has a market cap of $12.87 billion, a P/E ratio of 9.36 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.67 and a current ratio of 1.39. Yara International ASA has a 52-week low of $21.96 and a 52-week high of $29.19. The firm’s 50 day moving average is $25.82 and its 200 day moving average is $25.48.

The business also recently declared a dividend, which will be paid on Friday, May 27th. Stockholders of record on Thursday, May 12th will be issued a $1.4046 dividend. The ex-dividend date of this dividend is Wednesday, May 11th. This represents a dividend yield of 8.69%. Yara International ASA’s dividend payout ratio is presently 45.93%.

Yara International ASA Company Profile (Get Rating)

Yara International ASA provides environmental and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers nitrogen-based fertilizers, including urea, urea ammonium nitrate, calcium ammonium nitrate, ammonium nitrate, and ammonium sulfate; compound fertilizers that contain plant nutrients, such as nitrogen, phosphorus, and potassium; and blended products, as well as foliar and fertigation solutions through micronutrients.

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