Short Interest in Austal Limited (OTCMKTS:AUTLF) Expands By 17,500.0%

Austal Limited (OTCMKTS:AUTLF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 52,800 shares, a growth of 17,500.0% from the February 28th total of 300 shares. Based on an average daily volume of 21,100 shares, the short-interest ratio is presently 2.5 days.

Austal Stock Performance

OTCMKTS:AUTLF traded up $0.04 during trading hours on Wednesday, reaching $2.60. The company’s stock had a trading volume of 10,196 shares, compared to its average volume of 6,709. The stock has a 50 day moving average price of $2.44 and a two-hundred day moving average price of $2.14. Austal has a 12 month low of $1.39 and a 12 month high of $3.04.

About Austal

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.