BAE Systems plc (OTCMKTS:BAESF) Short Interest Update

BAE Systems plc (OTCMKTS:BAESF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,215,100 shares, a growth of 52.2% from the December 15th total of 798,100 shares. Based on an average daily volume of 85,100 shares, the days-to-cover ratio is currently 14.3 days.

BAE Systems Stock Performance

OTCMKTS:BAESF traded down $0.01 during mid-day trading on Friday, reaching $14.86. The stock had a trading volume of 27,598 shares, compared to its average volume of 45,110. BAE Systems has a one year low of $14.03 and a one year high of $18.26. The firm has a 50 day moving average price of $15.49 and a two-hundred day moving average price of $16.38.

Institutional Trading of BAE Systems

An institutional investor recently bought a new position in BAE Systems stock. Eagle Bay Advisors LLC purchased a new stake in shares of BAE Systems plc (OTCMKTS:BAESF) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,050 shares of the company’s stock, valued at approximately $34,000. 40.72% of the stock is currently owned by institutional investors.

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.