Babcock International Group PLC (OTCMKTS:BCKIF) Short Interest Up 190.0% in December

Babcock International Group PLC (OTCMKTS:BCKIF) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,900 shares, an increase of 190.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is presently 0.2 days.

Babcock International Group Stock Performance

Shares of Babcock International Group stock remained flat at $5.82 during midday trading on Wednesday. The business’s 50 day moving average price is $6.32 and its 200 day moving average price is $6.45. Babcock International Group has a 12 month low of $5.56 and a 12 month high of $7.50.

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.