Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Down 28.4% in May

Babcock International Group PLC (OTCMKTS:BCKIY) was the recipient of a large decline in short interest in the month of 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 company’s shares are sold short. Based on an average daily volume of 127,400 shares, the days-to-cover ratio is currently 0.1 days.

Babcock International Group Price Performance

BCKIY opened at $14.45 on Friday. The stock has a fifty day moving average price of $12.24 and a 200-day moving average price of $9.31. Babcock International Group has a 12 month low of $5.96 and a 12 month high of $15.38. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.89 and a quick ratio of 0.81.

Analyst Ratings Changes

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

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.