Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Declines By 32.4%

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 287,989 shares, a decrease of 32.4% from the June 30th total of 426,272 shares. Based on an average trading volume of 1,296 shares, the short-interest ratio is currently 222.2 days.

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS BABWF opened at $5.42 on Friday. International Consolidated Airlines Group has a 12-month low of $4.57 and a 12-month high of $6.65. The firm’s 50-day moving average is $5.75 and its two-hundred day moving average is $5.50.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group (OTCMKTS:BABWF), commonly known as IAG, is a London‐based multinational airline holding company formed in January 2011 through the merger of British Airways and Iberia. The group provides passenger air transport services across short-haul and long-haul routes, operates cargo divisions, and offers aircraft maintenance, repair and overhaul (MRO) services. IAG additionally manages loyalty and financial services programs, including its Avios frequent flyer currency, to complement its core aviation activities.

IAG’s airline portfolio comprises British Airways, Iberia, Aer Lingus, Vueling and Level, with a pending acquisition of Air Europa to further strengthen its presence in key markets.