Flight Centre Travel Group Limited (OTCMKTS:FGETF) Sees Significant Increase in Short Interest

Flight Centre Travel Group Limited (OTCMKTS:FGETF) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 738,500 shares, an increase of 23.8% from the February 28th total of 596,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 7,385.0 days. Approximately 0.3% of the company’s shares are short sold.

Flight Centre Travel Group Price Performance

OTCMKTS FGETF remained flat at $9.45 on Wednesday. The firm’s fifty day moving average price is $9.74 and its 200-day moving average price is $11.25. Flight Centre Travel Group has a 12 month low of $9.45 and a 12 month high of $14.44.

About Flight Centre Travel Group

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.