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

International Consolidated Airlines Group S.A. (OTCMKTS:BABWFGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 3,711,300 shares, an increase of 15.7% from the May 15th total of 3,208,100 shares. Based on an average trading volume of 47,900 shares, the days-to-cover ratio is currently 77.5 days.

International Consolidated Airlines Group Price Performance

OTCMKTS BABWF opened at $2.06 on Tuesday. International Consolidated Airlines Group has a 52 week low of $1.59 and a 52 week high of $2.30. The stock has a fifty day moving average of $2.10 and a 200-day moving average of $1.97.

About International Consolidated Airlines Group

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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.

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