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

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,240,100 shares, a growth of 7.9% from the March 15th total of 3,002,700 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 3,240.1 days.

International Consolidated Airlines Group Stock Performance

OTCMKTS BABWF opened at $1.95 on Tuesday. International Consolidated Airlines Group has a 12-month low of $1.59 and a 12-month high of $2.21. The firm’s 50 day moving average is $1.91 and its 200-day moving average is $1.87.

International Consolidated Airlines Group Company Profile

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.