Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Expands By 18,900.0%

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 19,000 shares, a growth of 18,900.0% from the November 30th total of 100 shares. Based on an average trading volume of 207,300 shares, the days-to-cover ratio is currently 0.1 days.

Air France-KLM Stock Performance

AFLYY stock opened at $0.82 on Friday. The stock’s 50 day moving average price is $0.86 and its 200 day moving average price is $0.89. The firm has a market cap of $2.15 billion, a P/E ratio of 2.10 and a beta of 1.63. Air France-KLM has a 1 year low of $0.75 and a 1 year high of $1.58.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AFLYY shares. Morgan Stanley downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Barclays upgraded Air France-KLM to a “hold” rating in a research report on Monday, October 7th. Finally, BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research note on Thursday, September 19th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.