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

Babcock International Group PLC (OTCMKTS:BCKIF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 2,900 shares, an increase of 190.0% from the December 31st total of 1,000 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is presently 0.2 days.

Babcock International Group Price Performance

Babcock International Group stock traded down $0.12 during trading hours on Friday, hitting $6.53. 3,067 shares of the stock were exchanged, compared to its average volume of 17,542. The business’s 50-day moving average is $6.29 and its two-hundred day moving average is $6.41. Babcock International Group has a 12 month low of $5.58 and a 12 month high of $7.50.

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.