Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Drops By 45.3%

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 536,600 shares, a decrease of 45.3% from the November 30th total of 981,200 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 157.8 days.

International Consolidated Airlines Group Price Performance

Shares of BABWF stock remained flat at $3.85 during trading hours on Friday. International Consolidated Airlines Group has a one year low of $1.64 and a one year high of $3.85. The business’s 50-day moving average is $3.13 and its two-hundred day moving average is $2.57.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.