Air France-KLM SA (OTCMKTS:AFLYY) Stock Short Interest Climbs 86.4%

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 10,998 shares, a growth of 86.4% from the October 15th total of 5,900 shares. Based on an average trading volume of 77,651 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Air France-KLM Stock Performance

OTCMKTS AFLYY remained flat at $1.50 on Friday. The company’s stock had a trading volume of 13,514 shares, compared to its average volume of 69,995. The firm has a 50-day simple moving average of $1.25 and a 200 day simple moving average of $1.27. The company has a debt-to-equity ratio of 4.83, a current ratio of 0.67 and a quick ratio of 0.61. Air France-KLM has a 1 year low of $0.99 and a 1 year high of $1.57. The company has a market capitalization of $3.94 billion, a P/E ratio of 2.68 and a beta of 1.53.

Analyst Ratings Changes

AFLYY has been the topic of a number of research reports. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd. Kepler Capital Markets raised shares of Air France-KLM from a “reduce” rating to a “hold” rating in a research report on Tuesday, August 25th. Barclays raised shares of Air France-KLM from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, November 6th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Air France-KLM

Air France-KLM is an international airline group formed in 2004 through the merger of Air France and KLM. It operates passenger air services under the Air France and KLM brands, connecting Europe with destinations around the world. The group also provides air cargo and aircraft maintenance and engineering services. Its airline portfolio includes Transavia, which focuses on leisure and low-cost travel, and it participates in the SkyTeam airline alliance. Based in France and the Netherlands, Air France-KLM serves customers through a network of international, regional and domestic routes.