Webjet Limited (OTCMKTS:WEBJF) Sees Significant Growth in Short Interest

Webjet Limited (OTCMKTS:WEBJFGet Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 410,680 shares, a growth of 85.3% from the May 14th total of 221,638 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Webjet Stock Performance

Shares of WEBJF opened at $0.93 on Tuesday. Webjet has a twelve month low of $0.93 and a twelve month high of $0.93. The firm’s fifty day simple moving average is $0.93 and its 200-day simple moving average is $0.93.

Webjet Company Profile

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Webjet Limited (OTCMKTS:WEBJF) is an Australian-based online travel company that provides a range of digital booking and reservation services. The company operates both consumer-facing websites and a business-to-business distribution network, serving individual travellers, travel agencies, and wholesale partners. Its core offerings include airfares, hotel accommodation, car rentals, holiday packages, and ancillary services delivered through proprietary booking platforms.

On the consumer side, Webjet serves travellers via its B2C brands Webjet.com.au and Webjet.co.nz, enabling users to search, compare, and purchase flights, hotels, and comprehensive holiday packages.

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