Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Decreases By 64.2%

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 6,800 shares, a decrease of 64.2% from the December 15th total of 19,000 shares. Based on an average daily trading volume, of 112,600 shares, the days-to-cover ratio is presently 0.1 days.

Air France-KLM Stock Performance

AFLYY stock opened at $0.71 on Tuesday. Air France-KLM has a one year low of $0.71 and a one year high of $1.40. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 1.82 and a beta of 1.62. The firm has a 50-day simple moving average of $0.82 and a two-hundred day simple moving average of $0.87.

Analysts Set New Price Targets

Several equities analysts have recently commented on AFLYY shares. Citigroup lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. 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, Barclays raised shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus 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.