Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Rises By 800.0%

Babcock International Group PLC (OTCMKTS:BCKIF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 900 shares, an increase of 800.0% from the September 30th total of 100 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.7 days.

Babcock International Group Price Performance

Shares of BCKIF opened at $6.39 on Friday. The firm has a 50-day moving average price of $6.53 and a 200 day moving average price of $6.61. Babcock International Group has a 12-month low of $4.77 and a 12-month high of $7.50.

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.