Air France-KLM SA (OTCMKTS:AFLYY) Sees Significant Growth in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 18,100 shares, an increase of 115.5% from the March 31st total of 8,400 shares. Based on an average daily trading volume, of 114,700 shares, the short-interest ratio is presently 0.2 days.

Air France-KLM Price Performance

OTCMKTS:AFLYY opened at $1.08 on Friday. The firm’s 50 day simple moving average is $1.13 and its 200 day simple moving average is $1.27. Air France-KLM has a one year low of $1.00 and a one year high of $1.95. The company has a market cap of $690.83 million, a PE ratio of 2.30, a P/E/G ratio of 0.16 and a beta of 1.75.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, February 29th. The transportation company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. The firm had revenue of $7.98 billion for the quarter. Air France-KLM had a net margin of 3.15% and a negative return on equity of 49.95%. Equities research analysts expect that Air France-KLM will post 0.47 EPS for the current year.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.