Austal Limited (OTCMKTS:AUTLF) Short Interest Update

Austal Limited (OTCMKTS:AUTLF) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,000 shares, a drop of 72.2% from the January 15th total of 7,200 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is presently 0.3 days.

Austal Stock Performance

Austal stock traded down $0.21 during trading on Wednesday, hitting $2.30. The company’s stock had a trading volume of 2,897 shares, compared to its average volume of 5,410. The stock’s fifty day moving average is $2.06 and its 200 day moving average is $1.94. Austal has a 1-year low of $1.23 and a 1-year high of $2.79.

Austal Company Profile

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.