Babcock International Group PLC (OTCMKTS:BCKIF) Sees Significant Increase in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,300 shares, an increase of 125.4% from the February 28th total of 13,000 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 2.7 days.

Babcock International Group Trading Up 0.5 %

OTCMKTS:BCKIF opened at $9.52 on Friday. Babcock International Group has a 1-year low of $5.67 and a 1-year high of $10.34. The stock has a fifty day simple moving average of $8.15 and a 200 day simple moving average of $6.98.

Babcock International Group Company Profile

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.