Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Expands By 77.6%

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 262,000 shares, a growth of 77.6% from the January 15th total of 147,500 shares. Based on an average trading volume of 261,600 shares, the short-interest ratio is currently 1.0 days.

Analyst Ratings Changes

A number of analysts have recently weighed in on ICAGY shares. Sanford C. Bernstein downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday. The Goldman Sachs Group downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

International Consolidated Airlines Group Trading Down 2.1 %

International Consolidated Airlines Group stock traded down $0.18 during midday trading on Friday, reaching $8.52. The stock had a trading volume of 156,948 shares, compared to its average volume of 125,370. International Consolidated Airlines Group has a 52-week low of $3.54 and a 52-week high of $9.11. The company has a fifty day moving average of $7.90 and a 200 day moving average of $6.20. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 2.71, a price-to-earnings-growth ratio of 0.75 and a beta of 2.17. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.