Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Rises By 7.1%

Babcock International Group PLC (OTCMKTS:BCKIY) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totalling 1,500 shares, a growth of 7.1% from the July 31st total of 1,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 7.5 days.

Babcock International Group Price Performance

OTCMKTS:BCKIY opened at $6.38 on Tuesday. Babcock International Group has a 52 week low of $4.47 and a 52 week high of $7.36. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 2.30. The firm’s 50-day simple moving average is $6.64 and its 200 day simple moving average is $6.67.

Babcock International Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, August 23rd will be issued a dividend of $0.0373 per share. The ex-dividend date is Friday, August 23rd. This is a boost 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.