Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Down 73.3% in October

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 7,000 shares, a decrease of 73.3% from the October 15th total of 26,200 shares. Based on an average daily trading volume, of 69,500 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Barclays upgraded shares of Air France-KLM to a “hold” rating in a research report on Monday, October 7th. Finally, Morgan Stanley lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 2.3 %

Shares of AFLYY stock traded down $0.02 on Tuesday, reaching $0.85. The company had a trading volume of 79,376 shares, compared to its average volume of 47,006. The company has a 50-day moving average of $0.94 and a 200-day moving average of $0.96. Air France-KLM has a 12 month low of $0.77 and a 12 month high of $1.65. The stock has a market cap of $2.23 billion, a PE ratio of 8.50 and a beta of 1.69.

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.