Airbus (OTCMKTS:EADSF) Stock Price Down 0.1% – Should You Sell?

Airbus SE (OTCMKTS:EADSF)’s stock price traded down 0.1% during mid-day trading on Monday . The stock traded as low as $148.20 and last traded at $156.32. 1,411 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 3,620 shares. The stock had previously closed at $156.47.

Airbus Stock Down 0.1 %

The firm has a fifty day simple moving average of $147.91 and a 200-day simple moving average of $153.86.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Airbus stock. Jackson Square Partners LLC raised its stake in Airbus SE (OTCMKTS:EADSF) by 94.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 780 shares of the company’s stock after purchasing an additional 378 shares during the quarter. Jackson Square Partners LLC’s holdings in Airbus were worth $144,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 26.91% of the company’s stock.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.