Qantas Airways Limited (OTCMKTS:QABSY) Short Interest Update

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 8,800 shares, a decline of 50.6% from the September 30th total of 17,800 shares. Based on an average trading volume of 16,200 shares, the short-interest ratio is currently 0.5 days.

Qantas Airways Price Performance

Shares of Qantas Airways stock traded down $0.21 on Friday, reaching $27.14. The company had a trading volume of 6,545 shares, compared to its average volume of 9,114. The firm’s 50 day moving average price is $23.77 and its two-hundred day moving average price is $21.28. Qantas Airways has a 52-week low of $14.83 and a 52-week high of $27.60.

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.