BAE Systems plc (OTCMKTS:BAESF) Short Interest Update

BAE Systems plc (OTCMKTS:BAESF) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,429,200 shares, a decline of 9.9% from the January 15th total of 1,587,000 shares. Based on an average trading volume of 98,300 shares, the short-interest ratio is currently 14.5 days.

BAE Systems Price Performance

OTCMKTS:BAESF opened at $15.60 on Friday. BAE Systems has a 1 year low of $14.03 and a 1 year high of $18.26. The stock has a 50-day moving average price of $14.93 and a two-hundred day moving average price of $16.22.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in BAE Systems stock. GAMMA Investing LLC lifted its position in shares of BAE Systems plc (OTCMKTS:BAESF) by 311.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,187 shares of the company’s stock after buying an additional 4,683 shares during the period. GAMMA Investing LLC’s holdings in BAE Systems were worth $90,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 40.72% of the company’s stock.

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.