Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Up 715.6% in September

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 36,700 shares, an increase of 715.6% from the September 15th total of 4,500 shares. Based on an average daily trading volume, of 110,400 shares, the short-interest ratio is currently 0.3 days.

Air France-KLM Price Performance

Shares of AFLYY opened at $0.91 on Friday. The business’s 50-day moving average price is $0.88 and its 200-day moving average price is $0.98. Air France-KLM has a twelve month low of $0.77 and a twelve month high of $1.65. The stock has a market cap of $584.79 million, a PE ratio of 2.33 and a beta of 1.69.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings data on Thursday, July 25th. The transportation company reported $0.04 earnings per share (EPS) for the quarter. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The company had revenue of $8.56 billion during the quarter. Analysts expect that Air France-KLM will post 0.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AFLYY shares. Hsbc Global Res upgraded shares of Air France-KLM to a “hold” rating in a report on Friday, July 12th. Barclays raised shares of Air France-KLM to a “hold” rating in a report on Monday. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research note on Thursday, September 19th. Finally, HSBC cut Air France-KLM from a “buy” rating to a “hold” rating in a research report on Friday, July 12th.

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.