Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Expands By 102,800.0%

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 102,900 shares, an increase of 102,800.0% from the October 31st total of 100 shares. Based on an average daily volume of 277,400 shares, the short-interest ratio is presently 0.4 days.

International Consolidated Airlines Group Price Performance

Shares of ICAGY remained flat at $6.36 during mid-day trading on Wednesday. The stock had a trading volume of 61,413 shares, compared to its average volume of 142,404. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The firm’s 50 day moving average is $5.56 and its 200-day moving average is $4.82. International Consolidated Airlines Group has a 1 year low of $3.51 and a 1 year high of $6.39. The stock has a market capitalization of $6.23 billion, a PE ratio of 2.03, a P/E/G ratio of 0.75 and a beta of 2.19.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings data on Friday, November 8th. The transportation company reported $1.60 EPS for the quarter, beating the consensus estimate of $0.55 by $1.05. International Consolidated Airlines Group had a return on equity of 103.74% and a net margin of 9.12%. The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $10.21 billion. Research analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current year.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.