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

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

International Consolidated Airlines Group Price Performance

Shares of BABWF opened at $3.88 on Wednesday. The company’s fifty day simple moving average is $3.57 and its 200-day simple moving average is $2.82. International Consolidated Airlines Group has a twelve month low of $1.64 and a twelve month high of $4.00.

About International Consolidated Airlines Group

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.