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

Qantas Airways Limited (OTCMKTS:QUBSF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,362,700 shares, a drop of 23.9% from the August 31st total of 1,789,800 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 4,542.3 days.

Qantas Airways Stock Performance

Shares of OTCMKTS:QUBSF remained flat at $5.01 during trading on Friday. The business has a 50-day simple moving average of $4.07 and a 200-day simple moving average of $3.89. Qantas Airways has a one year low of $3.01 and a one year high of $5.01.

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.