Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Rises By 9,587.5%

Babcock International Group PLC (OTCMKTS:BCKIF) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 77,500 shares, an increase of 9,587.5% from the October 31st total of 800 shares. Based on an average trading volume of 18,800 shares, the short-interest ratio is presently 4.1 days.

Babcock International Group Price Performance

Shares of OTCMKTS BCKIF opened at $6.58 on Thursday. The firm’s 50-day moving average is $6.40 and its two-hundred day moving average is $6.56. 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.