Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Declines By 43.4%

Babcock International Group PLC (OTCMKTS:BCKIY) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 25,300 shares, a decrease of 43.4% from the February 13th total of 44,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is presently 2.1 days.

Babcock International Group Stock Performance

Babcock International Group stock traded up $0.45 during trading hours on Friday, hitting $10.30. The company had a trading volume of 9,961 shares, compared to its average volume of 19,223. The company has a quick ratio of 0.81, a current ratio of 0.89 and a debt-to-equity ratio of 1.73. Babcock International Group has a one year low of $5.96 and a one year high of $10.33. The firm has a 50-day moving average of $7.63 and a 200 day moving average of $6.91.

Analyst Ratings Changes

Separately, Berenberg Bank raised shares of Babcock International Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 10th.

Babcock International Group Company Profile

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.