International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Sees Large Drop in Short Interest

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 259,400 shares, a decrease of 51.7% from the December 31st total of 536,600 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 76.3 days.

International Consolidated Airlines Group Stock Down 0.8 %

Shares of OTCMKTS:BABWF traded down $0.03 during midday trading on Thursday, reaching $3.88. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 4,467. International Consolidated Airlines Group has a twelve month low of $1.64 and a twelve month high of $4.00. The stock has a fifty day moving average of $3.59 and a 200 day moving average of $2.83.

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.