Euronext (OTCMKTS:EUXTF) Sees Significant Growth in Short Interest

Euronext (OTCMKTS:EUXTF) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 9,902 shares, a growth of 123.4% from the May 31st total of 4,432 shares. Based on an average daily volume of 1,803 shares, the days-to-cover ratio is currently 5.5 days.

Euronext Trading Down 5.6%

Shares of Euronext stock opened at $155.60 on Tuesday. The company has a 50-day simple moving average of $169.09 and a 200 day simple moving average of $156.79. Euronext has a 12-month low of $136.80 and a 12-month high of $177.10.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EUXTF. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Euronext in a report on Wednesday, June 17th. Citigroup reaffirmed a “neutral” rating on shares of Euronext in a research note on Thursday, June 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Euronext

Euronext is a leading pan-European exchange group operating regulated equity and derivatives markets across seven core countries. Through its trading platforms in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris, the company provides listing, trading and market data services for a broad range of asset classes including equities, bonds, exchange-traded funds and derivatives. Euronext also offers indices covering multiple sectors and regions, alongside comprehensive technology solutions for market participants and infrastructure providers.

In addition to its primary trading venues, Euronext delivers post-trade services through its central counterparty clearing house and central securities depository businesses.