Air New Zealand Limited (OTCMKTS:ANZFF) Sees Significant Increase in Short Interest

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 40,100 shares, an increase of 35.0% from the March 15th total of 29,700 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 66.8 days.

Air New Zealand Stock Performance

Shares of ANZFF opened at $0.35 on Friday. Air New Zealand has a 12-month low of $0.28 and a 12-month high of $0.38. The stock has a 50-day moving average price of $0.35 and a 200-day moving average price of $0.33.

Air New Zealand Company Profile

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.