Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Increases By 125.4%

Babcock International Group PLC (OTCMKTS:BCKIF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,300 shares, an increase of 125.4% from the February 28th total of 13,000 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is presently 2.7 days.

Babcock International Group Stock Performance

OTCMKTS:BCKIF traded down $0.22 on Friday, hitting $9.48. The stock had a trading volume of 12,354 shares, compared to its average volume of 8,269. Babcock International Group has a 1-year low of $5.67 and a 1-year high of $10.34. The company has a fifty day moving average price of $8.07 and a two-hundred day moving average price of $6.96.

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.