Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Up 22.1% in March

Babcock International Group PLC (OTCMKTS:BCKIY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 30,900 shares, an increase of 22.1% from the February 28th total of 25,300 shares. Based on an average trading volume of 67,400 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised Babcock International Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 10th.

Babcock International Group Price Performance

Babcock International Group stock opened at $9.37 on Thursday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.81 and a current ratio of 0.89. Babcock International Group has a 1 year low of $5.96 and a 1 year high of $10.35. The firm’s 50-day moving average is $8.54 and its 200-day moving average is $7.23.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.