International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Down 77.6% in December

From MarketBeat:

Short Interest decreased drastically in International Consolidated Airlines Group S.A. in December. The total decreased by 77.6% to 2,200 shares, making the short-interest ratio 0.0 days. Analysts have given the stock an average rating of “Hold” and an average price target of $213.33. Some have rated the stock as a hold, while others have issued a buy rating.

Shares of International Consolidated Airlines Group remained flat at $3.77. The company has a fifty-two week low of $3.15 and a high of $4.38. It also reported $9.41 billion in revenue and $1.26 EPS, beating analysts’ estimates. The transportation company’s net margin is 8.68%, and its return on equity is 242.85%. Analysts forecast it will post 0.99 EPS for this fiscal year.

International Consolidated Airlines Group SA provides passenger and cargo transportation services in the UK, Spain, and other countries. It also offers aircraft leasing, maintenance, tour operation, and airport infrastructure development services.

While International Consolidated Airlines Group has a “Hold” rating among analysts, top-rated analysts believe there are five better buys.



Read more: International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Down 77.6% in December