Babcock International Group PLC (OTCMKTS:BCKIY) Sees Significant Increase in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 3,300 shares, an increase of 135.7% from the September 15th total of 1,400 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 6.6 days.

Babcock International Group Price Performance

Shares of Babcock International Group stock opened at $6.29 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 2.30. Babcock International Group has a one year low of $4.72 and a one year high of $7.36. The business’s 50 day simple moving average is $6.53 and its two-hundred day simple moving average is $6.68.

Babcock International Group Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, August 23rd will be issued a $0.0373 dividend. The ex-dividend date of this dividend is Friday, August 23rd. This is a boost from Babcock International Group’s previous dividend of $0.02.

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.