Austal Limited (OTCMKTS:AUTLF) Short Interest Update

Austal Limited (OTCMKTS:AUTLF) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 149,400 shares, a growth of 183.0% from the March 15th total of 52,800 shares. Based on an average trading volume of 12,300 shares, the days-to-cover ratio is presently 12.1 days.

Austal Trading Up 5.3 %

Shares of AUTLF opened at $3.00 on Tuesday. The stock has a 50 day moving average price of $2.60 and a 200 day moving average price of $2.24. Austal has a one year low of $1.39 and a one year high of $3.30.

About Austal

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.