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

Qantas Airways Limited (OTCMKTS:QUBSF) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 1,052,400 shares, a decrease of 32.4% from the December 15th total of 1,556,900 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 3,508.0 days.

Qantas Airways Price Performance

Shares of Qantas Airways stock traded up $0.55 on Friday, reaching $5.73. The company had a trading volume of 119 shares, compared to its average volume of 1,861. The firm’s 50-day moving average price is $5.41 and its two-hundred day moving average price is $4.73. Qantas Airways has a 1 year low of $3.24 and a 1 year high of $5.82.

Qantas Airways Company Profile

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.