Babcock International Group PLC (OTCMKTS:BCKIF) Sees Significant Decrease in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIF) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 7,500 shares, a decrease of 90.3% from the November 15th total of 77,500 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 1.0 days.

Babcock International Group Stock Down 2.2 %

Shares of OTCMKTS BCKIF traded down $0.14 during midday trading on Wednesday, reaching $6.46. 1,617 shares of the stock traded hands, compared to its average volume of 7,399. Babcock International Group has a one year low of $4.77 and a one year high of $7.50. The company’s 50 day moving average is $6.43 and its 200 day moving average is $6.55.

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.