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

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

Qantas Airways Trading Up 10.5 %

Shares of Qantas Airways stock traded up $0.55 during trading hours on Friday, hitting $5.73. 119 shares of the company’s stock traded hands, compared to its average volume of 1,861. The company has a fifty day simple moving average of $5.41 and a 200-day simple moving average of $4.73. Qantas Airways has a 12-month low of $3.24 and a 12-month 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.