Short Interest in Qantas Airways Limited (OTCMKTS:QABSY) Drops By 34.4%

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 2,100 shares, a decrease of 34.4% from the October 31st total of 3,200 shares. Based on an average daily trading volume, of 14,200 shares, the short-interest ratio is presently 0.1 days.

Qantas Airways Stock Performance

OTCMKTS:QABSY traded down $0.09 on Thursday, hitting $28.63. 7,365 shares of the stock were exchanged, compared to its average volume of 9,606. The company’s 50-day moving average price is $26.41 and its 200 day moving average price is $22.74. Qantas Airways has a 52 week low of $15.83 and a 52 week high of $30.30.

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.