Short Interest in Airbus SE (OTCMKTS:EADSY) Increases By 43.4%

Airbus SE (OTCMKTS:EADSY) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 38,300 shares, a growth of 43.4% from the September 15th total of 26,700 shares. Based on an average daily volume of 560,000 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft cut shares of Airbus from a “buy” rating to a “hold” rating in a report on Tuesday, June 25th.

Airbus Price Performance

Shares of OTCMKTS EADSY traded up $0.49 on Monday, hitting $36.84. The company’s stock had a trading volume of 366,247 shares, compared to its average volume of 332,841. The stock has a 50 day moving average of $36.86 and a 200-day moving average of $39.08. The company has a market capitalization of $116.75 billion, a price-to-earnings ratio of 27.49, a price-to-earnings-growth ratio of 2.01 and a beta of 1.55. Airbus has a 12-month low of $31.95 and a 12-month high of $46.78.

Airbus (OTCMKTS:EADSY) last issued its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.15). The business had revenue of $17.22 billion during the quarter, compared to analyst estimates of $18.46 billion. Airbus had a net margin of 4.64% and a return on equity of 18.64%. Sell-side analysts expect that Airbus will post 1.45 EPS for the current fiscal year.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.