Short Interest in Austal Limited (OTCMKTS:AUTLF) Grows By 255.0%

Austal Limited (OTCMKTS:AUTLF) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 7,100 shares, an increase of 255.0% from the January 31st total of 2,000 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 0.8 days.

Austal Price Performance

Shares of OTCMKTS:AUTLF opened at $2.59 on Friday. Austal has a 1-year low of $1.27 and a 1-year high of $2.79. The business has a 50-day moving average price of $2.20 and a two-hundred day moving average price of $2.00.

Austal Company Profile

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.