Yara International ASA (OTCMKTS:YARIY) Sees Large Drop in Short Interest

Yara International ASA (OTCMKTS:YARIY - Get Free Report) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a decline of 81.0% from the February 28th total of 6,300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 39,200 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded shares of Yara International ASA to a "hold" rating in a research note on Friday, February 14th.

Yara International ASA Stock Performance

Shares of OTCMKTS:YARIY traded down $0.23 during trading on Friday, hitting $14.95. 13,714 shares of the stock were exchanged, compared to its average volume of 28,509. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 498.17 and a beta of 0.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.96 and a current ratio of 1.83. Yara International ASA has a 1-year low of $12.98 and a 1-year high of $16.71. The company's fifty day simple moving average is $14.86 and its 200-day simple moving average is $14.70.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last posted its quarterly earnings results on Friday, February 14th. The basic materials company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.33). Yara International ASA had a return on equity of 7.70% and a net margin of 0.10%. Sell-side analysts expect that Yara International ASA will post 1.33 EPS for the current fiscal year.

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About Yara International ASA

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.