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

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

International Consolidated Airlines Group Stock Performance

Shares of OTCMKTS:BABWF traded down $0.21 during trading on Thursday, reaching $3.55. The stock had a trading volume of 500 shares, compared to its average volume of 10,300. International Consolidated Airlines Group has a fifty-two week low of $1.64 and a fifty-two week high of $3.88. The business has a fifty day moving average price of $3.40 and a 200-day moving average price of $2.71.

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.