Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Expands By 19.0%

Air New Zealand Limited (OTCMKTS:ANZFF) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 25,100 shares, a growth of 19.0% from the December 31st total of 21,100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 83.7 days.

Air New Zealand Price Performance

Shares of OTCMKTS:ANZFF remained flat at $0.35 during midday trading on Friday. The stock’s 50-day moving average price is $0.32 and its 200 day moving average price is $0.33. Air New Zealand has a 1-year low of $0.28 and a 1-year high of $0.41.

About Air New Zealand

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.