Qantas Airways Limited (OTCMKTS:QABSY) Sees Large Increase in Short Interest

Qantas Airways Limited (OTCMKTS:QABSYGet Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 7,800 shares, a growth of 333.3% from the February 28th total of 1,800 shares. Based on an average daily volume of 17,600 shares, the short-interest ratio is presently 0.4 days.

Qantas Airways Price Performance

Qantas Airways stock traded down $0.21 during mid-day trading on Friday, reaching $29.94. The company had a trading volume of 8,777 shares, compared to its average volume of 7,691. Qantas Airways has a 52 week low of $17.30 and a 52 week high of $32.92. The company has a 50 day moving average of $29.50 and a 200-day moving average of $27.84.

Qantas Airways Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 28th. Shareholders of record on Wednesday, March 12th will be issued a dividend of $0.3097 per share. The ex-dividend date is Wednesday, March 12th.

About Qantas Airways

(Get Free Report)

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.

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