Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Declines By 78.8%

Babcock International Group PLC (OTCMKTS:BCKIY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 700 shares, a decrease of 78.8% from the September 30th total of 3,300 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 1.0 days.

Babcock International Group Price Performance

OTCMKTS:BCKIY remained flat at $6.68 during trading hours on Friday. The company had a trading volume of 1 shares, compared to its average volume of 1,097. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 2.30. Babcock International Group has a twelve month low of $4.72 and a twelve month high of $7.36. The business’s 50 day moving average is $6.54 and its two-hundred day moving average is $6.68.

Babcock International Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, August 23rd were paid a $0.0373 dividend. The ex-dividend date was Friday, August 23rd. This is an increase from Babcock International Group’s previous dividend of $0.02.

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.