Short Interest in Qantas Airways Limited (OTCMKTS:QUBSF) Declines By 32.4%

Qantas Airways Limited (OTCMKTS:QUBSF) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,052,400 shares, a decline of 32.4% from the December 15th total of 1,556,900 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 3,508.0 days.

Qantas Airways Price Performance

Shares of Qantas Airways stock traded up $0.55 on Wednesday, reaching $5.73. 119 shares of the company’s stock were exchanged, compared to its average volume of 1,861. Qantas Airways has a 52 week low of $3.24 and a 52 week high of $5.82. The firm’s 50-day moving average is $5.40 and its two-hundred day moving average is $4.72.

About Qantas Airways

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.