Air France-KLM SA (OTCMKTS:AFLYY) Sees Large Growth in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 9,700 shares, an increase of 94.0% from the January 31st total of 5,000 shares. Based on an average trading volume of 48,600 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Several research analysts recently commented on AFLYY shares. Barclays downgraded shares of Air France-KLM from a "hold" rating to a "strong sell" rating in a research note on Wednesday, January 15th. Morgan Stanley cut shares of Air France-KLM from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, November 5th. Finally, Citigroup downgraded shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat, Air France-KLM currently has a consensus rating of "Hold".

Air France-KLM Stock Performance

AFLYY stock traded up $0.03 on Wednesday, reaching $0.93. The company's stock had a trading volume of 148,984 shares, compared to its average volume of 47,748. The firm has a market cap of $2.45 billion, a PE ratio of 2.39 and a beta of 1.61. The business has a fifty day simple moving average of $0.81 and a two-hundred day simple moving average of $0.86. Air France-KLM has a 12-month low of $0.70 and a 12-month high of $1.20.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.