Yara International ASA (OTCMKTS:YARIY) Short Interest Up 28.6% in December

Yara International ASA (OTCMKTS:YARIY – Get Rating) was the recipient of a large increase in short interest in December. As of December 30th, there was short interest totalling 900 shares, an increase of 28.6% from the December 15th total of 700 shares. Based on an average daily volume of 38,000 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on YARIY. Deutsche Bank Aktiengesellschaft downgraded shares of Yara International ASA from a “buy” rating to a “hold” rating in a research report on Wednesday, November 30th. Berenberg Bank increased their target price on shares of Yara International ASA from 440.00 to 475.00 in a research report on Wednesday, October 26th. Finally, UBS Group dropped their target price on shares of Yara International ASA from 435.00 to 430.00 and set a “neutral” rating for the company in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Yara International ASA presently has a consensus rating of “Hold” and an average target price of $462.83.

Yara International ASA Stock Down 1.3 %

Shares of OTCMKTS:YARIY opened at $22.58 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. Yara International ASA has a 52-week low of $17.41 and a 52-week high of $29.19. The company has a 50 day moving average of $22.39 and a two-hundred day moving average of $21.26. The company has a market capitalization of $11.50 billion, a price-to-earnings ratio of 5.60 and a beta of 1.03.

Yara International ASA (OTCMKTS:YARIY – Get Rating) last issued its quarterly earnings data on Thursday, October 20th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.36. Yara International ASA had a net margin of 8.68% and a return on equity of 32.19%. The company had revenue of $6.22 billion during the quarter. As a group, analysts forecast that Yara International ASA will post 4.98 earnings per share for the current fiscal year.

Yara International ASA Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 22nd. Stockholders of record on Thursday, December 8th were given a dividend of $0.3734 per share. This represents a dividend yield of 7.05%. The ex-dividend date was Wednesday, December 7th. Yara International ASA’s payout ratio is currently 37.22%.

About Yara International ASA

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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.