Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Down 73.3% in October

Air France-KLM SA (OTCMKTS:AFLYY) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 7,000 shares, a decrease of 73.3% from the October 15th total of 26,200 shares. Based on an average daily trading volume, of 69,500 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of analysts have weighed in on AFLYY shares. BNP Paribas upgraded Air France-KLM from an “underperform” rating to a “neutral” rating in a research note on Thursday, September 19th. Morgan Stanley lowered Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Finally, Barclays raised Air France-KLM to a “hold” rating in a research report on Monday, October 7th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Air France-KLM Trading Down 2.4 %

AFLYY opened at $0.83 on Wednesday. Air France-KLM has a 12-month low of $0.77 and a 12-month high of $1.65. The business’s fifty day simple moving average is $0.94 and its 200-day simple moving average is $0.96. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 8.30 and a beta of 1.69.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.