Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Up 4,900.0% in January

Air France-KLM SA (OTCMKTS:AFLYY) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,000 shares, an increase of 4,900.0% from the January 15th total of 100 shares. Based on an average daily volume of 71,200 shares, the days-to-cover ratio is currently 0.1 days.

Air France-KLM Stock Performance

OTCMKTS AFLYY opened at $0.82 on Thursday. Air France-KLM has a one year low of $0.70 and a one year high of $1.31. The company has a 50-day simple moving average of $0.79 and a 200-day simple moving average of $0.85. The firm has a market capitalization of $2.16 billion, a PE ratio of 2.10 and a beta of 1.61.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AFLYY. Citigroup lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Finally, Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Air France-KLM Company Profile

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.