Short Interest in Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) Decreases By 61.2%

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 338,152 shares, a decline of 61.2% from the November 30th total of 870,511 shares. Based on an average trading volume of 997,705 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 997,705 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on EADSY shares. The Goldman Sachs Group began coverage on shares of Airbus in a report on Friday, September 19th. They set a “buy” rating on the stock. UBS Group upgraded shares of Airbus from a “neutral” rating to a “buy” rating in a report on Thursday, September 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Airbus in a research report on Thursday, October 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Airbus in a report on Wednesday, December 3rd. Finally, Kepler Capital Markets lowered Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Airbus Stock Up 0.5%

EADSY traded up $0.29 during trading hours on Friday, hitting $58.02. 224,460 shares of the company’s stock were exchanged, compared to its average volume of 483,364. The firm has a 50 day moving average of $58.81 and a 200 day moving average of $55.41. The company has a current ratio of 1.15, a quick ratio of 0.43 and a debt-to-equity ratio of 0.59. Airbus has a 12-month low of $36.28 and a 12-month high of $63.10. The firm has a market cap of $183.10 billion, a P/E ratio of 32.97, a price-to-earnings-growth ratio of 1.44 and a beta of 1.07.

Airbus (OTCMKTS:EADSY) last issued its earnings results on Wednesday, October 29th. The aerospace company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The firm had revenue of $20.79 billion during the quarter, compared to the consensus estimate of $17.12 billion. Airbus had a net margin of 6.97% and a return on equity of 22.55%. Analysts predict that Airbus will post 1.74 EPS for the current fiscal year.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.