BAE Systems plc (OTCMKTS:BAESF) Short Interest Down 14.3% in September

BAE Systems plc (OTCMKTS:BAESF) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 711,200 shares, a drop of 14.3% from the August 31st total of 830,200 shares. Based on an average trading volume of 32,200 shares, the short-interest ratio is presently 22.1 days.

BAE Systems Stock Performance

Shares of BAESF stock traded up $0.19 during mid-day trading on Friday, reaching $17.00. The company’s stock had a trading volume of 22,003 shares, compared to its average volume of 40,942. The company’s 50 day simple moving average is $16.98 and its 200-day simple moving average is $16.98. BAE Systems has a 12-month low of $11.80 and a 12-month high of $18.26.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.