Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Drops By 47.9%

Babcock International Group PLC (OTCMKTS:BCKIY) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 15,408 shares, a decline of 47.9% from the January 29th total of 29,578 shares. Based on an average daily trading volume, of 47,535 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 47,535 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Citigroup downgraded Babcock International Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Babcock International Group has a consensus rating of “Buy”.

Babcock International Group Trading Down 1.5%

Shares of BCKIY stock opened at $18.55 on Friday. Babcock International Group has a 52-week low of $7.97 and a 52-week high of $21.15. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74. The business has a 50-day simple moving average of $18.99 and a 200-day simple moving average of $16.74.

About Babcock International Group

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company’s core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.