Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Declines By 78.8%

Babcock International Group PLC (OTCMKTS:BCKIY) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 700 shares, a decline of 78.8% from the September 30th total of 3,300 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 1.0 days.

Babcock International Group Stock Performance

OTCMKTS BCKIY remained flat at $6.68 on Friday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 1,097. The company has a debt-to-equity ratio of 2.30, a current ratio of 0.86 and a quick ratio of 0.76. Babcock International Group has a 1 year low of $4.72 and a 1 year high of $7.36. The firm has a 50-day simple moving average of $6.54 and a 200 day simple moving average of $6.68.

Babcock International Group Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, August 23rd were issued a dividend of $0.0373 per share. The ex-dividend date was Friday, August 23rd. This is a positive change from Babcock International Group’s previous dividend of $0.02.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.