Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Decreases By 82.6%

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,161,805 shares, a decrease of 82.6% from the April 30th total of 6,663,716 shares. Based on an average trading volume of 10,843 shares, the days-to-cover ratio is presently 107.1 days.

International Consolidated Airlines Group Trading Up 13.5%

International Consolidated Airlines Group stock opened at $5.68 on Friday. International Consolidated Airlines Group has a 52-week low of $4.20 and a 52-week high of $6.00. The stock has a fifty day moving average price of $5.10 and a two-hundred day moving average price of $5.35.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group (OTCMKTS:BABWF), commonly known as IAG, is a London‐based multinational airline holding company formed in January 2011 through the merger of British Airways and Iberia. The group provides passenger air transport services across short-haul and long-haul routes, operates cargo divisions, and offers aircraft maintenance, repair and overhaul (MRO) services. IAG additionally manages loyalty and financial services programs, including its Avios frequent flyer currency, to complement its core aviation activities.

IAG’s airline portfolio comprises British Airways, Iberia, Aer Lingus, Vueling and Level, with a pending acquisition of Air Europa to further strengthen its presence in key markets.