Ryanair Holdings plc (NASDAQ:RYAAY) Short Interest Update

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 5,120,000 shares, a decrease of 31.2% from the March 15th total of 7,440,000 shares. Based on an average daily trading volume, of 1,740,000 shares, the short-interest ratio is presently 2.9 days. Approximately 1.0% of the shares of the company are sold short.

Institutional Trading of Ryanair

A number of institutional investors have recently added to or reduced their stakes in RYAAY. National Bank of Canada FI boosted its position in shares of Ryanair by 198.6% in the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock worth $29,000 after buying an additional 437 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after purchasing an additional 236 shares during the last quarter. R Squared Ltd purchased a new position in shares of Ryanair during the 4th quarter worth approximately $42,000. Golden State Wealth Management LLC raised its position in shares of Ryanair by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock worth $41,000 after purchasing an additional 481 shares during the last quarter. Finally, Redwood Park Advisors LLC purchased a new stake in Ryanair in the 4th quarter valued at approximately $43,000. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Price Performance

Shares of RYAAY traded up $0.42 during mid-day trading on Wednesday, hitting $46.41. The company's stock had a trading volume of 1,122,347 shares, compared to its average volume of 1,663,783. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair has a 1-year low of $36.96 and a 1-year high of $56.76. The firm has a market capitalization of $24.69 billion, a P/E ratio of 14.23, a P/E/G ratio of 2.01 and a beta of 1.41. The firm has a 50-day simple moving average of $45.26 and a 200 day simple moving average of $44.90.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts predict that Ryanair will post 3.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on RYAAY. StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Three analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $147.00.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.