International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Sees Large Decrease in Short Interest

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 1,415,000 shares, a decline of 63.7% from the September 30th total of 3,893,500 shares. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is presently 65.8 days.

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS BABWF remained flat at $2.61 during mid-day trading on Friday. International Consolidated Airlines Group has a twelve month low of $1.59 and a twelve month high of $2.90. The business’s 50-day moving average price is $2.46 and its 200 day moving average price is $2.23.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.