Short Interest in Airbus SE - Unsponsored ADR (OTCMKTS:EADSY) Decreases By 35.6%

Key Points

• Short interest in Airbus SE decreased by 35.6% in September, falling from 1,194,900 shares to 769,200 shares, indicating reduced bearish sentiment among investors.
• Airbus's stock price rose by 0.6% to $59.56, with a market capitalization of $188.43 billion, and it has a price-to-earnings ratio of 35.24.
• Several analysts have upgraded Airbus's stock rating, with Zacks Research changing it to "hold" and Goldman Sachs starting coverage with a "buy" rating, contributing to a consensus rating of "Moderate Buy."

Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 769,200 shares, a decrease of 35.6% from the August 31st total of 1,194,900 shares. Based on an average daily volume of 1,179,800 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 1,179,800 shares, the short-interest ratio is currently 0.7 days.

Airbus Trading Up 0.6%

OTCMKTS:EADSY traded up $0.38 during trading hours on Friday, hitting $59.56. 644,334 shares of the company were exchanged, compared to its average volume of 356,592. The stock has a market capitalization of $188.43 billion, a price-to-earnings ratio of 35.24, a price-to-earnings-growth ratio of 1.71 and a beta of 1.29. The company has a current ratio of 1.17, a quick ratio of 0.50 and a debt-to-equity ratio of 0.75. Airbus has a one year low of $34.46 and a one year high of $60.18. The company has a fifty day simple moving average of $54.10 and a 200 day simple moving average of $48.86.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The company had revenue of $18.45 billion for the quarter, compared to the consensus estimate of $15.72 billion. Airbus had a return on equity of 24.38% and a net margin of 7.01%. Sell-side analysts expect that Airbus will post 1.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EADSY. Zacks Research upgraded Airbus to a "hold" rating in a research note on Tuesday, August 12th. The Goldman Sachs Group began coverage on Airbus in a research note on Friday, September 19th. They set a "buy" rating for the company. Royal Bank Of Canada restated an "outperform" rating on shares of Airbus in a research note on Monday, September 15th. Finally, UBS Group upgraded Airbus from a "neutral" rating to a "buy" rating in a research note on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.

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