Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Expands By 94.0%

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 9,700 shares, a growth of 94.0% from the January 31st total of 5,000 shares. Based on an average trading volume of 48,600 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of equities analysts have issued reports on AFLYY shares. Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Citigroup downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Air France-KLM Stock Performance

Shares of OTCMKTS:AFLYY opened at $0.88 on Friday. The company’s 50-day moving average is $0.81 and its 200 day moving average is $0.85. The company has a market capitalization of $2.31 billion, a P/E ratio of 2.26 and a beta of 1.61. Air France-KLM has a fifty-two week low of $0.70 and a fifty-two week high of $1.24.

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.