International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Short Interest Update

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,415,000 shares, a drop of 63.7% from the September 30th total of 3,893,500 shares. Based on an average daily trading volume, of 21,500 shares, the days-to-cover ratio is presently 65.8 days.

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS:BABWF opened at $2.61 on Monday. International Consolidated Airlines Group has a 1-year low of $1.59 and a 1-year high of $2.90. The business’s 50 day moving average is $2.46 and its 200-day moving average is $2.23.

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.