Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) Sees Significant Increase in Short Interest

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 455,799 shares, an increase of 76.3% from the July 15th total of 258,538 shares. Based on an average daily trading volume, of 1,139,076 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EADSY shares. Kepler Capital Markets upgraded shares of Airbus from a “hold” rating to a “buy” rating in a research report on Thursday, June 18th. Royal Bank Of Canada restated an “outperform” rating on shares of Airbus in a research report on Thursday, July 16th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a report on Friday, July 10th. Morgan Stanley reiterated an “overweight” rating on shares of Airbus in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Airbus in a research note on Wednesday, July 22nd. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Airbus Price Performance

EADSY stock traded down $1.15 during trading on Tuesday, hitting $60.63. The stock had a trading volume of 51,203 shares, compared to its average volume of 661,390. The company’s 50 day moving average price is $57.15 and its two-hundred day moving average price is $53.44. Airbus has a 1-year low of $45.01 and a 1-year high of $64.35. The stock has a market cap of $191.33 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.07. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.50 and a current ratio of 1.16.

Airbus (OTCMKTS:EADSY) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The company had revenue of $23.36 billion for the quarter, compared to analysts’ expectations of $23.20 billion. Airbus had a net margin of 7.71% and a return on equity of 24.14%. On average, sell-side analysts forecast that Airbus will post 2.06 EPS for the current fiscal year.

Institutional Trading of Airbus

An institutional investor recently raised its position in Airbus stock. Madison Asset Management LLC grew its holdings in shares of Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) by 10.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,768 shares of the aerospace company’s stock after purchasing an additional 6,661 shares during the quarter. Madison Asset Management LLC’s holdings in Airbus were worth $3,824,000 at the end of the most recent quarter. 0.25% of the stock is owned by hedge funds and other institutional investors.

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.