Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Down 28.4% in May

Babcock International Group PLC (OTCMKTS:BCKIY - Get Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 15,400 shares, a decline of 28.4% from the May 15th total of 21,500 shares. Based on an average daily trading volume, of 127,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Babcock International Group Price Performance

BCKIY stock traded up $0.04 during trading on Thursday, hitting $14.45. The stock had a trading volume of 16,708 shares, compared to its average volume of 35,544. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 1.73. Babcock International Group has a twelve month low of $5.96 and a twelve month high of $15.38. The company's 50-day moving average price is $12.24 and its two-hundred day moving average price is $9.31.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Babcock International Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 10th.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.