Short Interest in Qantas Airways Limited (OTCMKTS:QUBSF) Declines By 13.5%

Qantas Airways Limited (OTCMKTS:QUBSF) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,556,900 shares, a decrease of 13.5% from the November 30th total of 1,799,900 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 3,892.3 days.

Qantas Airways Price Performance

Shares of OTCMKTS QUBSF opened at $5.18 on Wednesday. The stock has a fifty day moving average price of $5.42 and a two-hundred day moving average price of $4.63. Qantas Airways has a 1 year low of $3.24 and a 1 year high of $5.82.

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.