Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Increases By 190.0%

Babcock International Group PLC (OTCMKTS:BCKIF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 2,900 shares, an increase of 190.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is presently 0.2 days.

Babcock International Group Stock Performance

Shares of OTCMKTS:BCKIF opened at $5.82 on Thursday. The company’s 50 day moving average price is $6.32 and its two-hundred day moving average price is $6.45. Babcock International Group has a 12-month low of $5.56 and a 12-month high of $7.50.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. It operates through four segments: Marine, Nuclear, Land, and Aviation.