Babcock International Group PLC (OTCMKTS:BCKIF) Sees Significant Increase in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,900 shares, an increase of 190.0% from the December 31st total of 1,000 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is presently 0.2 days.

Babcock International Group Stock Up 4.7 %

OTCMKTS:BCKIF opened at $6.52 on Wednesday. The firm’s 50 day moving average is $6.29 and its 200 day moving average is $6.41. Babcock International Group has a 12 month low of $5.58 and a 12 month high of $7.50.

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.