Airbus SE (OTCMKTS:EADSF) Short Interest Down 18.1% in September
Airbus SE (OTCMKTS:EADSF) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 335,200 shares, a decline of 18.1% from the September 15th total of 409,200 shares. Based on an average daily trading volume, of 8,800 shares, the days-to-cover ratio is currently 38.1 days.
Shares of EADSF opened at $75.00 on Friday. The business’s 50-day moving average price is $78.63 and its 200-day moving average price is $72.76. Airbus has a twelve month low of $50.86 and a twelve month high of $154.75.
A number of brokerages recently issued reports on EADSF. JPMorgan Chase & Co. cut Airbus to a “sell” rating in a research note on Tuesday, October 13th. Jefferies Financial Group restated a “buy” rating on shares of Airbus in a research note on Thursday, September 24th. Norddeutsche Landesbank cut Airbus to a “sell” rating in a research note on Wednesday, August 12th. Finally, Goldman Sachs Group restated a “buy” rating on shares of Airbus in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold”.
Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The company operates in three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space segments. The Airbus segment develops, manufactures, markets, and sells commercial jet aircraft of approximately 100 seats; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services.
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