Air France-KLM SA (OTCMKTS:AFLYY) Sees Large Increase in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 86,000 shares, a growth of 359.9% from the May 15th total of 18,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 109,700 shares, the short-interest ratio is presently 0.8 days.

Air France-KLM Stock Performance

Air France-KLM stock traded down $0.07 during trading hours on Thursday, reaching $1.03. 78,965 shares of the company's stock traded hands, compared to its average volume of 54,547. Air France-KLM has a fifty-two week low of $0.70 and a fifty-two week high of $1.25. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 2.64 and a beta of 1.86. The firm's 50 day moving average is $0.92 and its 200-day moving average is $0.88.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its earnings results on Wednesday, April 30th. The transportation company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.05. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. The company had revenue of $7.54 billion for the quarter, compared to the consensus estimate of $7.39 billion. Analysts predict that Air France-KLM will post 0.21 EPS for the current year.

Wall Street Analyst Weigh In

AFLYY has been the topic of several research reports. UBS Group downgraded shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Morgan Stanley reiterated an "underweight" rating on shares of Air France-KLM in a research report on Friday, March 7th. Finally, Redburn Atlantic upgraded shares of Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Air France-KLM presently has a consensus rating of "Hold".

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.