Shares of Airbus SE (OTCMKTS:EADSF – Get Free Report) were down 2.4% on Tuesday . The stock traded as low as $199.83 and last traded at $201.59. Approximately 14,562 shares traded hands during mid-day trading, an increase of 206% from the average daily volume of 4,765 shares. The stock had previously closed at $206.63.
Airbus Price Performance
The business has a 50-day moving average of $198.61 and a 200 day moving average of $221.92.
Institutional Trading of Airbus
A hedge fund recently raised its stake in Airbus stock. Generali Investments CEE investicni spolecnost a.s. boosted its position in Airbus SE (OTCMKTS:EADSF – Free Report) by 9.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,498 shares of the company’s stock after buying an additional 2,820 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Airbus were worth $7,337,000 at the end of the most recent quarter. 26.91% of the stock is owned by hedge funds and other institutional investors.
About Airbus
Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.
In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.
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