Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Expands By 121.8%

Babcock International Group PLC (OTCMKTS:BCKIFGet Free Report) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 882,737 shares, a growth of 121.8% from the January 29th total of 398,057 shares. Based on an average daily trading volume, of 763 shares, the days-to-cover ratio is currently 1,156.9 days. Based on an average daily trading volume, of 763 shares, the days-to-cover ratio is currently 1,156.9 days.

Babcock International Group Stock Performance

Shares of OTCMKTS BCKIF traded up $0.30 during trading on Friday, reaching $18.88. 1,860 shares of the company traded hands, compared to its average volume of 7,298. The firm has a 50 day simple moving average of $18.85 and a 200-day simple moving average of $16.66. Babcock International Group has a 52-week low of $8.00 and a 52-week high of $21.05.

Babcock International Group Company Profile

(Get Free Report)

Babcock International Group (OTCMKTS:BCKIF) is a British multinational engineering support services company that specializes in the management of complex assets for defense, emergency services, civil nuclear and other critical infrastructure sectors. Leveraging decades of technical expertise, the company offers integrated lifecycle solutions encompassing design, maintenance, training, consultancy and software-enabled asset management. Its approach combines on-site engineering teams, advanced diagnostic tools and bespoke logistics support to ensure operational readiness and safety for mission-critical systems.

In the defense arena, Babcock delivers comprehensive support to naval fleets, air forces and land units, providing submarine refits, surface ship maintenance, aviation overhaul and munitions handling.

Read More

Receive News & Ratings for Babcock International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock International Group and related companies with MarketBeat.com's FREE daily email newsletter.