Airbus SE - Unsponsored ADR (OTCMKTS:EADSY) Sees Large Growth in Short Interest

Key Points

• Short interest surged 76.3% to 455,799 shares as of July 31, up from 258,538 shares two weeks earlier. Despite the increase, short interest represents 0.0% of shares outstanding, with a short-interest ratio of 0.4 days.
• Airbus shares opened at $62.25, near their 52-week high of $64.35, while the company trades at a market capitalization of approximately $196.45 billion. Its latest quarterly results exceeded expectations, with earnings of $0.61 per share and revenue of $23.36 billion.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” based on seven Buy ratings and six Holds. Madison Asset Management also increased its Airbus stake by 10.7% during the second quarter.

Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 455,799 shares, an increase of 76.3% from the July 15th total of 258,538 shares. Based on an average daily volume of 1,139,076 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Airbus Stock Performance

Shares of OTCMKTS EADSY opened at $62.25 on Monday. The business has a 50 day simple moving average of $56.93 and a 200 day simple moving average of $53.43. Airbus has a 52 week low of $45.01 and a 52 week high of $64.35. The stock has a market cap of $196.45 billion, a price-to-earnings ratio of 28.42, a PEG ratio of 2.45 and a beta of 1.07. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.50 and a current ratio of 1.16.

Airbus (OTCMKTS:EADSY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. The firm had revenue of $23.36 billion for the quarter, compared to analyst estimates of $23.20 billion. Airbus had a net margin of 7.71% and a return on equity of 24.14%. On average, research analysts predict that Airbus will post 2.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on EADSY. Royal Bank Of Canada reiterated an "outperform" rating on shares of Airbus in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Airbus in a research report on Wednesday, July 22nd. Morgan Stanley reiterated an "overweight" rating on shares of Airbus in a research report on Friday. Kepler Capital Markets upgraded Airbus from a "hold" rating to a "buy" rating in a report on Thursday, June 18th. Finally, Jefferies Financial Group reiterated a "hold" rating on shares of Airbus in a report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Institutional Trading of Airbus

A hedge fund recently raised its position in Airbus stock. Madison Asset Management LLC increased its stake in shares of Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Free Report) by 10.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 68,768 shares of the aerospace company's stock after acquiring an additional 6,661 shares during the period. Madison Asset Management LLC's holdings in Airbus were worth $3,824,000 as of its most recent filing with the SEC. 0.25% of the stock is currently owned by hedge funds and other institutional investors.

Airbus Company Profile

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company's activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.

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