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

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) saw a large 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 Stock Performance

OTCMKTS BABWF traded down $0.03 on Thursday, reaching $3.88. The company had a trading volume of 1,000 shares, compared to its average volume of 4,467. The firm’s 50 day moving average price is $3.59 and its 200 day moving average price is $2.83. International Consolidated Airlines Group has a 12 month low of $1.64 and a 12 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.