Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Update

Babcock International Group PLC (OTCMKTS:BCKIY) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 15,400 shares, a decline of 28.4% from the May 15th total of 21,500 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 127,400 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

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

Babcock International Group Stock Performance

Shares of BCKIY stock opened at $14.42 on Wednesday. Babcock International Group has a fifty-two week low of $5.96 and a fifty-two week high of $15.38. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 1.73. The stock has a 50 day moving average price of $12.03 and a two-hundred day moving average price of $9.22.

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.