Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Rises By 6.3%

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 4,014,100 shares, a growth of 6.3% from the August 31st total of 3,775,500 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 2,361.2 days.

International Consolidated Airlines Group Price Performance

OTCMKTS BABWF remained flat at $2.70 on Monday. 9,000 shares of the company’s stock traded hands, compared to its average volume of 9,948. The firm has a fifty day simple moving average of $2.30 and a 200-day simple moving average of $2.16. International Consolidated Airlines Group has a 12 month low of $1.59 and a 12 month high of $2.90.

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.