Qantas Airways Limited (OTCMKTS:QABSY) Short Interest Down 68.8% in December

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 500 shares, a decline of 68.8% from the November 30th total of 1,600 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is currently 0.1 days.

Shares of OTCMKTS QABSY remained flat at $$17.95 during trading on Wednesday. The stock had a trading volume of 17 shares, compared to its average volume of 1,908. Qantas Airways has a twelve month low of $15.00 and a twelve month high of $21.97. The stock has a fifty day moving average price of $18.88 and a 200-day moving average price of $18.67.

Qantas Airways Company Profile

Qantas Airways Ltd. provides air transportation services. The firm engages in the international and domestic air transportation services; sale of worldwide and domestic holiday tours; and associated support activities including catering, information technology, ground handling, and engineering and maintenance.

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