Babcock International Group PLC (OTCMKTS:BCKIY – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,400 shares, an increase of 7.7% from the July 15th total of 1,300 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 3.5 days.
Babcock International Group Stock Performance
Shares of Babcock International Group stock opened at $6.38 on Monday. Babcock International Group has a 52-week low of $4.47 and a 52-week high of $7.36. The stock’s 50-day simple moving average is $6.75 and its 200 day simple moving average is $6.63.
Babcock International Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, August 23rd will be given a $0.0373 dividend. The ex-dividend date is Friday, August 23rd. This is a positive change from Babcock International Group’s previous dividend of $0.02.
About Babcock International Group
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.
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