International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) Short Interest Up 15.7% in May

International Consolidated Airlines Group S.A. (OTCMKTS:BABWF) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 3,711,300 shares, an increase of 15.7% from the May 15th total of 3,208,100 shares. Based on an average daily trading volume, of 47,900 shares, the short-interest ratio is currently 77.5 days.

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS:BABWF opened at $2.06 on Tuesday. International Consolidated Airlines Group has a 1 year low of $1.59 and a 1 year high of $2.30. The business’s 50-day moving average is $2.10 and its 200-day moving average is $1.97.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.