Qantas Airways Limited (OTCMKTS:QUBSF) Sees Significant Decline in Short Interest

Qantas Airways Limited (OTCMKTS:QUBSF) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 550,000 shares, a decline of 17.7% from the February 13th total of 668,200 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 229.2 days.

Qantas Airways Trading Down 1.7 %

Shares of QUBSF traded down $0.10 during mid-day trading on Tuesday, reaching $5.49. The company had a trading volume of 187 shares, compared to its average volume of 1,561. Qantas Airways has a twelve month low of $3.46 and a twelve month high of $6.20. The company’s 50-day moving average is $5.81 and its 200-day moving average is $5.35.

About Qantas Airways

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passenger flying, and air cargo and express freight services; and customer loyalty recognition programs.