Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Up 22.1% in March

Babcock International Group PLC (OTCMKTS:BCKIY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 30,900 shares, a growth of 22.1% from the February 28th total of 25,300 shares. Based on an average daily volume of 67,400 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Babcock International Group Price Performance

Shares of BCKIY stock traded down $0.62 during trading hours on Friday, reaching $9.08. 24,412 shares of the company were exchanged, compared to its average volume of 19,207. Babcock International Group has a fifty-two week low of $5.96 and a fifty-two week high of $10.35. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.89 and a quick ratio of 0.81. The stock's fifty day moving average is $8.66 and its two-hundred day moving average is $7.27.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised Babcock International Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 10th.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.