Short Interest in Airbus SE (OTCMKTS:EADSF) Drops By 38.5%

Airbus SE (OTCMKTS:EADSF) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 454,486 shares, a decline of 38.5% from the March 15th total of 738,598 shares. Based on an average daily volume of 5,686 shares, the days-to-cover ratio is presently 79.9 days.

Airbus Stock Performance

OTCMKTS:EADSF opened at $201.05 on Tuesday. Airbus has a one year low of $149.78 and a one year high of $259.00. The firm has a 50-day simple moving average of $207.27 and a 200-day simple moving average of $226.87.

Institutional Investors Weigh In On Airbus

Large investors have recently modified their holdings of the business. Saranac Partners Ltd purchased a new position in shares of Airbus in the 3rd quarter worth approximately $76,000. GAMMA Investing LLC grew its position in shares of Airbus by 63.8% in the 3rd quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock worth $118,000 after buying an additional 197 shares during the last quarter. Norman Fields Gottscho Capital Management LLC grew its position in shares of Airbus by 4.1% in the 3rd quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock worth $891,000 after buying an additional 150 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. grew its position in shares of Airbus by 9.8% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 31,498 shares of the company’s stock worth $7,337,000 after buying an additional 2,820 shares during the last quarter. Institutional investors own 26.91% of the company’s stock.

Airbus Company Profile

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.