Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Up 18,900.0% in December

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 19,000 shares, an increase of 18,900.0% from the November 30th total of 100 shares. Based on an average daily volume of 207,300 shares, the days-to-cover ratio is currently 0.1 days.

Air France-KLM Stock Down 1.1 %

Shares of OTCMKTS AFLYY opened at $0.81 on Friday. The stock has a market capitalization of $2.13 billion, a P/E ratio of 2.08 and a beta of 1.63. The firm’s 50-day moving average price is $0.86 and its two-hundred day moving average price is $0.89. Air France-KLM has a 52-week low of $0.75 and a 52-week high of $1.56.

Analysts Set New Price Targets

Several brokerages have issued reports on AFLYY. Morgan Stanley cut Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Barclays raised Air France-KLM to a “hold” rating in a research report on Monday, October 7th. Finally, BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.