Babcock International Group PLC (OTCMKTS:BCKIF) Sees Significant Decrease in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIF) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,600 shares, a decline of 44.8% from the December 31st total of 2,900 shares. Based on an average daily trading volume, of 42,100 shares, the short-interest ratio is currently 0.0 days.

Babcock International Group Stock Performance

BCKIF remained flat at $6.53 during trading on Friday. 4,057 shares of the company’s stock were exchanged, compared to its average volume of 17,542. The company has a 50 day simple moving average of $6.29 and a 200-day simple moving average of $6.41. Babcock International Group has a twelve month low of $5.58 and a twelve month high of $7.50.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. It operates through four segments: Marine, Nuclear, Land, and Aviation.