Airbus SE (OTCMKTS:EADSY) Short Interest Update

Airbus SE (OTCMKTS:EADSY) recently experienced a notable rise in short interest during October. By October 15th, the total short interest reached 83,900 shares, marking an increase of 119.1% compared to the previous total of 38,300 shares on September 30th. With an average trading volume of 450,400 shares, the current days-to-cover ratio stands at 0.2 days.

Airbus Stock Performance

On the trading day of Friday, Airbus's stock saw a decrease of 0.5%, dropping $0.20 to $37.90. During this time, a total of 617,561 shares were traded, which is significantly above the average trading volume of 335,760 shares. Over the past year, the stock has fluctuated between a low of $32.72 and a high of $46.78. Airbus holds a market capitalization of $120.11 billion, with a price-to-earnings (PE) ratio of 28.28, a price-to-earnings growth (PEG) ratio of 2.01, and a beta value of 1.55. The company's 50-day simple moving average is currently $37.00, while the 200-day simple moving average is $38.68.

Recent Earnings Report

Airbus recently released its quarterly earnings results on July 30th. During that quarter, the aerospace company reported earnings per share (EPS) of $0.07, which fell short of analysts' consensus estimates of $0.22 by $0.15. The net margin for Airbus stood at 4.64%, with a return on equity of 18.64%. Revenue for the quarter was $17.22 billion, while analysts had expected it to be $18.46 billion. Looking ahead, analysts project Airbus will achieve an EPS of 1.45 for the current fiscal year.

Company Insight

Airbus SE, along with its subsidiaries, is involved in the design, manufacturing, and delivery of aerospace products and services globally. The company operates through three main segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment focuses on the development, manufacturing, marketing, and sale of commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and various aircraft components, while also offering aircraft conversion services and related support.

Conclusion

As Airbus navigates the challenges of the aerospace industry, the surge in short interest may indicate a cautious sentiment among investors. With ongoing market volatility, many will be watching Airbus closely for any further developments that may affect its stock performance.

Airbus, Stocks, Earnings