Qantas Airways Limited (OTCMKTS:QUBSF) Short Interest Down 17.7% in February

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

Qantas Airways Stock Performance

Shares of QUBSF traded down $0.10 during midday trading on Wednesday, hitting $5.49. 187 shares of the company’s stock traded hands, compared to its average volume of 1,561. Qantas Airways has a 1 year low of $3.46 and a 1 year high of $6.20. The firm’s fifty day moving average is $5.81 and its 200-day moving average is $5.36.

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.