Short Interest in Austal Limited (OTCMKTS:AUTLF) Increases By 2,633.3%

Austal Limited (OTCMKTS:AUTLF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 8,200 shares, a growth of 2,633.3% from the December 31st total of 300 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 3.9 days.

Austal Price Performance

AUTLF traded down $0.11 during mid-day trading on Tuesday, reaching $2.12. 2,184 shares of the company traded hands, compared to its average volume of 4,483. Austal has a 52-week low of $1.05 and a 52-week high of $2.40. The company’s fifty day moving average price is $2.00 and its 200-day moving average price is $1.89.

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.