Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Drops By 86.7%

Babcock International Group PLC (OTCMKTS:BCKIF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,000 shares, a decline of 86.7% from the November 30th total of 7,500 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is currently 0.1 days.

Babcock International Group Price Performance

Shares of BCKIF stock remained flat at $6.24 during trading hours on Thursday. 12 shares of the stock traded hands, compared to its average volume of 7,369. Babcock International Group has a 1-year low of $5.08 and a 1-year high of $7.50. The business’s 50-day moving average price is $6.38 and its two-hundred day moving average price is $6.51.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. It operates through four segments: Marine, Nuclear, Land, and Aviation.