Babcock International Group PLC (OTCMKTS:BCKIY) Sees Large Increase in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIY) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 30,659 shares, an increase of 7,396.1% from the November 30th total of 409 shares. Based on an average trading volume of 109,544 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 109,544 shares, the days-to-cover ratio is presently 0.3 days.

Babcock International Group Trading Up 0.7%

Shares of BCKIY stock traded up $0.12 during mid-day trading on Wednesday, reaching $17.13. The stock had a trading volume of 2,358 shares, compared to its average volume of 26,490. Babcock International Group has a 1-year low of $6.00 and a 1-year high of $18.18. The business’s fifty day moving average is $15.82 and its 200-day moving average is $15.23. The company has a quick ratio of 0.81, a current ratio of 0.90 and a debt-to-equity ratio of 1.57.

Babcock International Group Company Profile

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company’s core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.