Azul S.A. American Depositary Shares (each Represe (NYSE:AZUL) Sellers Increased By 31.08% Their Shorts

May 17, 2018 - By Richard Conner

The stock of Azul S.A. American Depositary Shares (each Represe (NYSE:AZUL) registered an increase of 31.08% in short interest. AZUL’s total short interest was 2.69 million shares in May as published by FINRA. Its up 31.08% from 2.05 million shares, reported previously. With 512,200 shares average volume, it will take short sellers 5 days to cover their AZUL’s short positions. The short interest to Azul S.A. American Depositary Shares (each Represe’s float is 7.61%.

The stock decreased 3.40% or $0.76 during the last trading session, reaching $21.59. About 345,947 shares traded. Azul S.A. (NYSE:AZUL) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Azul S.A. operates as an airline company in Brazil. The company has market cap of $2.48 billion. It provides passenger and cargo transportation services. It has a 14.48 P/E ratio. As of June 30, 2017, the firm operated 739 daily flights to 102 destinations through a network of 202 non-stop routes with a fleet of 123 aircraft.

More recent Azul S.A. (NYSE:AZUL) news were published by: Prnewswire.com which released: “United Airlines increases economic stake in Azul to 8.0%” on April 27, 2018. Also Seekingalpha.com published the news titled: “Azul: Results Don’t Reflect Pessimism” on May 10, 2018. Seekingalpha.com‘s news article titled: “Azul’s Traffic Update: A Story Of Growth And Macro Headwinds” with publication date: May 16, 2018 was also an interesting one.

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