BAE Systems plc (OTCMKTS:BAESF) Short Interest Up 142.2% in April

BAE Systems plc (OTCMKTS:BAESF) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 329,400 shares, a growth of 142.2% from the March 31st total of 136,000 shares. Based on an average daily volume of 59,200 shares, the days-to-cover ratio is currently 5.6 days.

BAE Systems Price Performance

Shares of BAESF stock traded down $0.03 on Friday, reaching $16.66. 5,823 shares of the company were exchanged, compared to its average volume of 74,241. The company has a 50-day moving average of $16.48 and a 200-day moving average of $14.87. BAE Systems has a one year low of $11.35 and a one year high of $17.61.

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.