Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Down 80.0% in November

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 1,400 shares, a decrease of 80.0% from the October 31st total of 7,000 shares. Based on an average daily volume of 102,000 shares, the days-to-cover ratio is presently 0.0 days.

Air France-KLM Stock Performance

AFLYY stock traded down $0.01 during trading on Wednesday, hitting $0.80. 7,717 shares of the company traded hands, compared to its average volume of 47,462. The company has a 50-day moving average of $0.93 and a 200-day moving average of $0.94. Air France-KLM has a 1 year low of $0.77 and a 1 year high of $1.65. The firm has a market capitalization of $2.09 billion, a PE ratio of 8.05 and a beta of 1.69.

Analyst Ratings Changes

A number of research firms recently weighed in on AFLYY. Morgan Stanley downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. Barclays upgraded shares of Air France-KLM to a “hold” rating in a 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 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 stock currently has an average rating of “Hold”.

Air France-KLM Company Profile

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.