Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Decreases By 34.4%

Key Points

• Short interest fell 34.4% to 42,617 shares as of March 31, leaving approximately 0.0% of shares sold short and a short‑interest ratio of about 0.5 days.
• Citigroup upgraded Babcock from "hold" to "strong‑buy" on March 31, and MarketBeat shows a consensus rating of Strong Buy.
• Babcock opened at $17.58, trading within a one‑year range of $9.49–$21.15 with a 50‑day/200‑day moving average of $18.10/$17.46, and has a debt‑to‑equity ratio of 0.97 with a quick ratio of 0.74.

Babcock International Group PLC (OTCMKTS:BCKIY - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 42,617 shares, a decrease of 34.4% from the March 15th total of 64,923 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 85,364 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Babcock International Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Babcock International Group currently has a consensus rating of "Strong Buy".

Babcock International Group Price Performance

OTCMKTS:BCKIY opened at $17.58 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.74 and a current ratio of 0.82. Babcock International Group has a one year low of $9.49 and a one year high of $21.15. The business has a fifty day moving average price of $18.10 and a 200-day moving average price of $17.46.

About Babcock International Group

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company's core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.

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