BAE Systems plc (OTCMKTS:BAESF) Short Interest Up 25.9% in April

BAE Systems plc (OTCMKTS:BAESFGet Rating) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 386,400 shares, a growth of 25.9% from the April 15th total of 306,900 shares. Based on an average daily volume of 20,000 shares, the days-to-cover ratio is currently 19.3 days.

BAE Systems Stock Up 0.5 %

Shares of BAESF stock opened at $12.26 on Friday. The company has a 50-day moving average of $12.18 and a two-hundred day moving average of $10.81. BAE Systems has a 1-year low of $8.51 and a 1-year high of $12.97.

Institutional Investors Weigh In On BAE Systems

An institutional investor recently raised its position in BAE Systems stock. Cullen Capital Management LLC lifted its stake in BAE Systems plc (OTCMKTS:BAESFGet Rating) by 14.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 866,367 shares of the company’s stock after purchasing an additional 106,444 shares during the period. Cullen Capital Management LLC’s holdings in BAE Systems were worth $7,640,000 as of its most recent SEC filing. Institutional investors own 40.72% of the company’s stock.

BAE Systems Company Profile

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BAE Systems Plc engages in the provision of a full range of products and services for air, land, and naval forces, advanced electronics, security, information technology solutions, and support services. It operates through the following segments: Electronic Systems, Cyber and Intelligence, Platforms and Services (US), Air, Maritime, and Headquarters.

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