Airbus SE (OTCMKTS:EADSF) Sees Large Decline in Short Interest

Airbus SE (OTCMKTS:EADSF) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 366,800 shares, a decline of 16.4% from the May 31st total of 438,800 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 94.1 days.

Hedge Funds Weigh In On Airbus

An institutional investor recently raised its position in Airbus stock. Jackson Square Partners LLC boosted its holdings in shares of Airbus SE (OTCMKTS:EADSF) by 94.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 780 shares of the company’s stock after buying an additional 378 shares during the quarter. Jackson Square Partners LLC’s holdings in Airbus were worth $144,000 as of its most recent SEC filing. Institutional investors and hedge funds own 26.91% of the company’s stock.

Airbus Stock Performance

Shares of Airbus stock traded up $4.50 on Tuesday, hitting $141.50. 4,892 shares of the company traded hands, compared to its average volume of 4,241. The stock’s 50 day moving average price is $164.86 and its 200-day moving average price is $165.43. Airbus has a 52 week low of $127.76 and a 52 week high of $187.00.

Airbus Company Profile

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.