Jet2 plc (OTCMKTS:DRTGF) Short Interest Down 98.9% in July

Jet2 plc (OTCMKTS:DRTGF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,699 shares, a drop of 98.9% from the July 15th total of 151,799 shares. Based on an average daily volume of 3,895 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DRTGF. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Jet2 in a report on Thursday, July 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Jet2 in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Jet2 currently has an average rating of “Moderate Buy”.

Jet2 Stock Down 0.2%

Shares of DRTGF opened at $20.75 on Thursday. The firm’s 50 day moving average is $18.89 and its 200-day moving average is $16.92. Jet2 has a 12-month low of $14.07 and a 12-month high of $22.52.

About Jet2

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.