Babcock International Group PLC (OTCMKTS:BCKIY) Sees Significant Increase in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIY) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, a growth of 141.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 5.8 days.

Babcock International Group Stock Performance

Shares of BCKIY stock opened at $6.40 on Friday. Babcock International Group has a 12 month low of $5.13 and a 12 month high of $7.36. The company’s fifty day simple moving average is $6.56 and its 200-day simple moving average is $6.66. The company has a debt-to-equity ratio of 2.30, a current ratio of 0.86 and a quick ratio of 0.76.

Babcock International Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, December 6th will be paid a dividend of $0.0253 per share. The ex-dividend date of this dividend is Friday, December 6th.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.