Short Interest in Babcock International Group PLC (OTCMKTS:BCKIF) Declines By 11.1%

Babcock International Group PLC (OTCMKTS:BCKIF) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 800 shares, a decline of 11.1% from the October 15th total of 900 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is presently 0.1 days.

Babcock International Group Price Performance

Babcock International Group stock opened at $6.54 on Monday. The stock has a 50-day simple moving average of $6.38 and a 200 day simple moving average of $6.57. Babcock International Group has a 12-month low of $4.77 and a 12-month high of $7.50.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. It operates through four segments: Marine, Nuclear, Land, and Aviation.