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

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 259,400 shares, a drop of 51.7% from the December 15th total of 536,600 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is currently 76.3 days.

International Consolidated Airlines Group Stock Performance

BABWF stock opened at $3.76 on Wednesday. International Consolidated Airlines Group has a one year low of $1.64 and a one year high of $3.88. The company has a fifty day moving average of $3.35 and a 200-day moving average of $2.70.

About International Consolidated Airlines Group

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.