Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Expands By 141.7%

Babcock International Group PLC (OTCMKTS:BCKIY) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, an increase of 141.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 5.8 days.

Babcock International Group Stock Performance

BCKIY stock remained flat at $6.86 during trading on Thursday. 4 shares of the company traded hands, compared to its average volume of 284. Babcock International Group has a 12-month low of $5.13 and a 12-month high of $7.36. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 2.30. The stock has a 50 day moving average of $6.56 and a 200 day moving average of $6.66.

Babcock International Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, December 6th will be paid a $0.0253 dividend. The ex-dividend date of this dividend is Friday, December 6th.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.