Air France-KLM SA (OTCMKTS:AFLYY) Sees Large Increase in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 9,700 shares, an increase of 94.0% from the January 31st total of 5,000 shares. Based on an average daily volume of 48,600 shares, the days-to-cover ratio is presently 0.2 days.

Air France-KLM Trading Down 1.5 %

Shares of OTCMKTS:AFLYY opened at $0.88 on Friday. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 2.26 and a beta of 1.61. The stock’s 50-day moving average price is $0.81 and its two-hundred day moving average price is $0.85. Air France-KLM has a 12-month low of $0.70 and a 12-month high of $1.24.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AFLYY. Barclays lowered shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Citigroup downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Finally, Morgan Stanley cut shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat, the stock presently has a consensus 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.