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

Qantas Airways Limited (OTCMKTS:QABSY – Get Rating) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,300 shares, a drop of 51.9% from the April 30th total of 2,700 shares. Based on an average daily volume of 19,100 shares, the short-interest ratio is presently 0.1 days.

Qantas Airways Stock Up 1.3 %

Shares of OTCMKTS QABSY traded up $0.28 during midday trading on Friday, hitting $21.19. The company had a trading volume of 4,622 shares, compared to its average volume of 11,313. Qantas Airways has a twelve month low of $14.21 and a twelve month high of $23.43. The business has a 50-day simple moving average of $21.72 and a two-hundred day simple moving average of $21.52.

Qantas Airways Company Profile

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Qantas Airways Ltd. provides air transportation services. The firm engages in the international and domestic air transportation services; sale of worldwide and domestic holiday tours; and associated support activities including catering, information technology, ground handling, and engineering and maintenance.