Qantas Airways Limited (OTCMKTS:QABSY) Sees Significant Drop in Short Interest

Qantas Airways Limited (OTCMKTS:QABSY) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,500 shares, a decline of 65.9% from the January 15th total of 4,400 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is presently 0.1 days.

Qantas Airways Stock Down 0.5 %

Shares of OTCMKTS:QABSY traded down $0.16 on Wednesday, reaching $29.91. 4,931 shares of the company’s stock were exchanged, compared to its average volume of 7,436. The business’s 50-day moving average is $28.84 and its two-hundred day moving average is $25.99. Qantas Airways has a fifty-two week low of $15.83 and a fifty-two week high of $30.67.

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.