Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Expands By 153.5%

Key Points

• Babcock International Group PLC experienced a significant increase in short interest, rising by 153.5% in July, reaching a total of 36,500 shares.
• The company's stock price recently fell by 2.3%, opening at $13.38, with a 12-month price range between $5.96 and $16.40.
• Babcock International Group provides essential services in aerospace, defense, and security, operating across four segments: Marine, Nuclear, Land, and Aviation.

Babcock International Group PLC (OTCMKTS:BCKIY - Get Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 36,500 shares, anincreaseof153.5% from the June 30th total of 14,400 shares. Based on an average daily trading volume, of 68,100 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 68,100 shares, the days-to-cover ratio is currently 0.5 days.

Babcock International Group Stock Up 0.6%

BCKIY stock traded up $0.08 during trading on Tuesday, hitting $13.42. 11,293 shares of the company's stock were exchanged, compared to its average volume of 27,809. The business has a 50-day moving average price of $14.45 and a two-hundred day moving average price of $11.18. Babcock International Group has a 52-week low of $5.96 and a 52-week high of $16.40. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.90 and a quick ratio of 0.81.

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.