Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Increases By 190.0%

Babcock International Group PLC (OTCMKTS:BCKIF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,900 shares, an increase of 190.0% from the December 15th total of 1,000 shares. Based on an average daily trading volume, of 16,300 shares, the short-interest ratio is currently 0.2 days.

Babcock International Group Price Performance

Shares of BCKIF stock remained flat at $5.82 during trading hours on Wednesday. Babcock International Group has a one year low of $5.56 and a one year high of $7.50. The company’s 50-day simple moving average is $6.32 and its two-hundred day simple moving average is $6.45.

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.