Air France-KLM SA (OTCMKTS:AFLYY) Stock Short Interest Climbs 86.4%

Air France-KLM SA (OTCMKTS:AFLYY) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 10,998 shares, an increase of 86.4% from the October 15th total of 5,900 shares. Based on an average daily volume of 77,651 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Kepler Capital Markets upgraded shares of Air France-KLM from a “reduce” rating to a “hold” rating in a report on Tuesday, August 25th. Barclays upgraded shares of Air France-KLM from a “strong sell” rating to a “strong-buy” rating in a report on Friday, November 6th. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Air France-KLM Stock Performance

Shares of AFLYY remained flat at $1.50 during midday trading on Friday. 13,514 shares of the company’s stock traded hands, compared to its average volume of 69,995. Air France-KLM has a one year low of $0.99 and a one year high of $1.57. The stock’s fifty day moving average price is $1.25 and its 200-day moving average price is $1.27. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 2.68 and a beta of 1.53. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 4.83.

About Air France-KLM

Air France-KLM is an international airline group formed in 2004 through the merger of Air France and KLM. It operates passenger air services under the Air France and KLM brands, connecting Europe with destinations around the world. The group also provides air cargo and aircraft maintenance and engineering services. Its airline portfolio includes Transavia, which focuses on leisure and low-cost travel, and it participates in the SkyTeam airline alliance. Based in France and the Netherlands, Air France-KLM serves customers through a network of international, regional and domestic routes.