Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Update

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 5,000 shares, a growth of 4,900.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 71,200 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AFLYY. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays lowered shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Finally, Morgan Stanley lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, Air France-KLM currently has an average rating of “Hold”.

Air France-KLM Stock Performance

Shares of AFLYY traded up $0.01 during midday trading on Wednesday, hitting $0.83. The company had a trading volume of 10,148 shares, compared to its average volume of 48,068. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.31. The firm has a market capitalization of $2.18 billion, a P/E ratio of 2.13 and a beta of 1.61. The company’s 50-day simple moving average is $0.79 and its 200-day simple moving average is $0.85.

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.