Short Interest in Airbus SE (OTCMKTS:EADSF) Drops By 38.5%

Airbus SE (OTCMKTS:EADSF) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 454,486 shares, a drop of 38.5% from the March 15th total of 738,598 shares. Based on an average daily volume of 5,686 shares, the days-to-cover ratio is currently 79.9 days.

Airbus Price Performance

Shares of Airbus stock opened at $199.50 on Monday. The business has a fifty day simple moving average of $207.86 and a two-hundred day simple moving average of $227.05. Airbus has a 1 year low of $149.78 and a 1 year high of $259.00.

Institutional Investors Weigh In On Airbus

Hedge funds have recently added to or reduced their stakes in the business. Saranac Partners Ltd acquired a new stake in Airbus during the 3rd quarter valued at $76,000. GAMMA Investing LLC lifted its holdings in shares of Airbus by 63.8% during the third quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock worth $118,000 after buying an additional 197 shares in the last quarter. Norman Fields Gottscho Capital Management LLC lifted its holdings in shares of Airbus by 4.1% during the third quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock worth $891,000 after buying an additional 150 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. lifted its holdings in shares of Airbus by 9.8% during the fourth quarter. Generali Investments CEE investicni spolecnost a.s. now owns 31,498 shares of the company’s stock worth $7,337,000 after buying an additional 2,820 shares in the last quarter. Institutional investors and hedge funds own 26.91% of the company’s stock.

About Airbus

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.