International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Short Interest Update

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 536,600 shares, a drop of 45.3% from the November 30th total of 981,200 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 157.8 days.

International Consolidated Airlines Group Stock Performance

BABWF stock remained flat at $3.85 during midday trading on Friday. International Consolidated Airlines Group has a 12 month low of $1.64 and a 12 month high of $3.85. The business’s fifty day moving average is $3.13 and its 200 day moving average is $2.57.

About International Consolidated Airlines Group

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.