BAE Systems plc (OTCMKTS:BAESF) Short Interest Up 142.2% in April

BAE Systems plc (OTCMKTS:BAESF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 329,400 shares, an increase of 142.2% from the March 31st total of 136,000 shares. Based on an average trading volume of 59,200 shares, the days-to-cover ratio is currently 5.6 days.

BAE Systems Trading Down 0.2 %

BAESF opened at $16.66 on Friday. BAE Systems has a twelve month low of $11.35 and a twelve month high of $17.61. The company’s 50-day moving average price is $16.48 and its two-hundred day moving average price is $14.89.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.