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

Qantas Airways Limited (OTCMKTS:QABSY) was the recipient of a large decrease in short interest in the month of 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 volume of 14,200 shares, the days-to-cover ratio is currently 0.1 days.

Qantas Airways Price Performance

Shares of QABSY traded down $0.09 during trading hours on Thursday, hitting $28.63. The company’s stock had a trading volume of 7,365 shares, compared to its average volume of 9,606. The business has a 50 day simple moving average of $26.41 and a two-hundred day simple moving average of $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.