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

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 28,600 shares, an increase of 54.6% from the June 15th total of 18,500 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 19.1 days.

Air New Zealand Price Performance

ANZFF remained flat at $0.30 during trading on Friday. The firm’s fifty day moving average price is $0.32 and its two-hundred day moving average price is $0.36. Air New Zealand has a fifty-two week low of $0.30 and a fifty-two week high of $0.51.

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.