Airbus (OTCMKTS:EADSF) Trading Down 1% – Time to Sell?

Airbus SE (OTCMKTS:EADSF) fell 1% during mid-day trading on Tuesday . The stock traded as low as $211.78 and last traded at $212.97. 792 shares traded hands during trading, a decline of 87% from the average session volume of 6,019 shares. The stock had previously closed at $215.03.

Airbus Trading Down 1.0%

The company’s 50-day moving average is $206.44 and its 200-day moving average is $185.78.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Norman Fields Gottscho Capital Management LLC bought a new position in Airbus in the 2nd quarter valued at $772,000. Generali Investments CEE investicni spolecnost a.s. boosted its position in Airbus by 201.4% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 22,279 shares of the company’s stock valued at $3,923,000 after buying an additional 14,886 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Airbus by 17,695.9% in the 1st quarter. GAMMA Investing LLC now owns 56,591 shares of the company’s stock valued at $10,071,000 after buying an additional 56,273 shares during the last quarter. 26.91% of the stock is currently owned by institutional investors.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.