BAE Systems plc (OTCMKTS:BAESF) Short Interest Update

BAE Systems plc (OTCMKTS:BAESF) was the target of a large increase in short interest in 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 short-interest ratio is presently 5.6 days.

BAE Systems Stock Performance

OTCMKTS BAESF traded down $0.03 on Friday, hitting $16.66. 5,813 shares of the company’s stock traded hands, compared to its average volume of 74,241. BAE Systems has a 1-year low of $11.35 and a 1-year high of $17.61. The firm’s 50-day moving average price is $16.47 and its two-hundred day moving average price is $14.84.

About BAE Systems

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.