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

Babcock International Group PLC (OTCMKTS:BCKIF) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 6,200 shares, a growth of 287.5% from the July 15th total of 1,600 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is presently 0.6 days.

Babcock International Group Stock Performance

Shares of OTCMKTS:BCKIF traded down $0.40 on Monday, hitting $6.20. The company’s stock had a trading volume of 850 shares, compared to its average volume of 7,577. The company has a 50-day simple moving average of $6.64 and a 200 day simple moving average of $6.51. Babcock International Group has a 1 year low of $4.53 and a 1 year high of $7.38.

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.