Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Increases By 4,900.0%

Air France-KLM SA (OTCMKTS:AFLYY) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 5,000 shares, a growth of 4,900.0% from the January 15th total of 100 shares. Based on an average daily volume of 71,200 shares, the short-interest ratio is currently 0.1 days.

Air France-KLM Price Performance

OTCMKTS:AFLYY opened at $0.84 on Friday. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 2.15 and a beta of 1.61. The company’s 50-day moving average is $0.79 and its two-hundred day moving average is $0.85. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.31.

Wall Street Analysts Forecast Growth

Several research firms have commented on AFLYY. Citigroup lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Morgan Stanley lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Finally, Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.