Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) Short Interest Up 76.3% in July

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 455,799 shares, a growth of 76.3% from the July 15th total of 258,538 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,139,076 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Airbus

A hedge fund recently raised its position in Airbus stock. Madison Asset Management LLC boosted its position in shares of Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) by 10.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,768 shares of the aerospace company’s stock after buying an additional 6,661 shares during the quarter. Madison Asset Management LLC’s holdings in Airbus were worth $3,824,000 as of its most recent SEC filing. Institutional investors own 0.25% of the company’s stock.

Airbus Stock Performance

EADSY stock opened at $62.25 on Monday. The business has a fifty day moving average price of $56.93 and a 200 day moving average price of $53.43. Airbus has a fifty-two week low of $45.01 and a fifty-two week high of $64.35. The stock has a market capitalization of $196.45 billion, a price-to-earnings ratio of 28.42, a P/E/G ratio of 2.45 and a beta of 1.07. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.16 and a quick ratio of 0.50.

Airbus (OTCMKTS:EADSY) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. Airbus had a return on equity of 24.14% and a net margin of 7.71%.The company had revenue of $23.36 billion for the quarter, compared to analyst estimates of $23.20 billion. Analysts expect that Airbus will post 2.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on EADSY. Zacks Research upgraded shares of Airbus from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Airbus in a research report on Wednesday, July 22nd. Kepler Capital Markets upgraded shares of Airbus from a “hold” rating to a “buy” rating in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Airbus in a research note on Thursday, July 16th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.