Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Grows By 82.6%

Babcock International Group PLC (OTCMKTS:BCKIF) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 53,500 shares, an increase of 82.6% from the March 15th total of 29,300 shares. Based on an average daily volume of 12,300 shares, the days-to-cover ratio is presently 4.3 days.

Babcock International Group Trading Down 2.0 %

OTCMKTS:BCKIF opened at $9.50 on Wednesday. The business’s 50-day simple moving average is $8.90 and its 200-day simple moving average is $7.24. Babcock International Group has a fifty-two week low of $5.67 and a fifty-two week high of $10.34.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. It operates through four segments: Marine, Nuclear, Land, and Aviation.