Austal Limited (OTCMKTS:AUTLF) Short Interest Up 17,500.0% in March

Austal Limited (OTCMKTS:AUTLF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 52,800 shares, a growth of 17,500.0% from the February 28th total of 300 shares. Based on an average trading volume of 21,100 shares, the short-interest ratio is currently 2.5 days.

Austal Trading Up 1.6 %

Shares of OTCMKTS AUTLF opened at $2.60 on Friday. The company’s 50-day simple moving average is $2.46 and its 200-day simple moving average is $2.15. Austal has a 52-week low of $1.39 and a 52-week high of $3.04.

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.