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

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 3,890,400 shares, an increase of 7.0% from the July 31st total of 3,637,000 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 2,161.3 days.

International Consolidated Airlines Group Stock Performance

OTCMKTS BABWF opened at $2.28 on Tuesday. The stock has a 50-day simple moving average of $2.15 and a two-hundred day simple moving average of $2.07. International Consolidated Airlines Group has a fifty-two week low of $1.59 and a fifty-two week high of $2.30.

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.