Airbus (OTCMKTS:EADSF) Stock Price Down 0.1% – Time to Sell?

Airbus SE (OTCMKTS:EADSF) dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as $170.50 and last traded at $170.50. Approximately 1,508 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 2,642 shares. The stock had previously closed at $170.60.

Airbus Trading Down 0.1 %

The firm has a fifty day simple moving average of $163.95 and a 200-day simple moving average of $153.44.

Institutional Trading of Airbus

An institutional investor recently raised its position in Airbus stock. GAMMA Investing LLC grew its position in shares of Airbus SE (OTCMKTS:EADSF) by 137.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 318 shares of the company’s stock after buying an additional 184 shares during the quarter. GAMMA Investing LLC’s holdings in Airbus were worth $51,000 as of its most recent filing with the SEC. 26.91% of the stock is owned by institutional investors.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.