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

Babcock International Group PLC (OTCMKTS:BCKIF) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,000 shares, a decline of 86.7% from the November 30th total of 7,500 shares. Based on an average daily trading volume, of 9,300 shares, the short-interest ratio is currently 0.1 days.

Babcock International Group Price Performance

Shares of Babcock International Group stock remained flat at $6.24 during trading hours on Thursday. The stock had a trading volume of 12 shares, compared to its average volume of 7,369. Babcock International Group has a 12 month low of $5.08 and a 12 month high of $7.50. The stock has a fifty day moving average of $6.38 and a 200 day moving average of $6.51.

About Babcock International Group

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.