Airbus SE (OTCMKTS:EADSY – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 225,900 shares, an increase of 34.5% from the August 15th total of 167,900 shares. Based on an average daily volume of 334,800 shares, the days-to-cover ratio is presently 0.7 days.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft cut Airbus from a “buy” rating to a “hold” rating in a research note on Tuesday, June 25th.
Read Our Latest Report on Airbus
Airbus Trading Down 0.1 %
Airbus (OTCMKTS:EADSY – Get Free Report) last announced its earnings results on Tuesday, July 30th. The aerospace company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.15). The business had revenue of $17.22 billion for the quarter, compared to analysts’ expectations of $18.46 billion. Airbus had a return on equity of 18.64% and a net margin of 4.64%. As a group, analysts expect that Airbus will post 1.45 earnings per share for the current year.
Airbus Company Profile
Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.
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