Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Drops By 9.0%

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,287,000 shares, a decrease of 9.0% from the October 15th total of 1,415,000 shares. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is presently 65.7 days.

International Consolidated Airlines Group Stock Performance

Shares of International Consolidated Airlines Group stock opened at $2.91 on Friday. The stock’s fifty day moving average price is $2.59 and its 200-day moving average price is $2.30. International Consolidated Airlines Group has a 12 month low of $1.64 and a 12 month high of $3.02.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.