Air France-KLM SA (OTCMKTS:AFLYY) Sees Significant Growth in Short Interest

Key Points

• Short Interest Surge: Air France-KLM SA experienced a significant increase in short interest, rising by 214.5% in August, totaling 200,000 shares as of August 15th.
• Analyst Ratings: The company has received mixed ratings, with one Strong Buy, five Hold, and one Sell, leading to a current consensus rating of "Hold."
• Q2 Earnings Beat: In its latest quarterly earnings, Air France-KLM reported an EPS of $0.25, surpassing estimates of $0.18, alongside revenues of $9.66 billion exceeding expectations.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totaling 200,000 shares, agrowthof214.5% from the July 31st total of 63,600 shares. Based on an average daily trading volume, of 431,900 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 431,900 shares, the days-to-cover ratio is currently 0.5 days.

Air France-KLM Trading Up 3.9%

Shares of OTCMKTS AFLYY traded up $0.06 during mid-day trading on Friday, hitting $1.59. 226,505 shares of the company traded hands, compared to its average volume of 229,002. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.76. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 3.79, a PEG ratio of 0.13 and a beta of 1.94. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28. The business has a 50 day moving average of $1.44 and a two-hundred day moving average of $1.11.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.18 by $0.07. The business had revenue of $9.66 billion during the quarter, compared to the consensus estimate of $8.44 billion. Air France-KLM had a net margin of 3.30% and a return on equity of 137.95%. On average, sell-side analysts anticipate that Air France-KLM will post 0.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on AFLYY. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a research report on Friday, July 4th. Barclays upgraded shares of Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average 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.