Short Interest in Qantas Airways Limited (OTCMKTS:QABSY) Decreases By 64.0%

Qantas Airways Limited (OTCMKTS:QABSY) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 900 shares, a drop of 64.0% from the November 30th total of 2,500 shares. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is presently 0.1 days.

Qantas Airways Stock Performance

Shares of Qantas Airways stock traded up $0.94 on Thursday, hitting $28.32. 4,766 shares of the company traded hands, compared to its average volume of 9,323. Qantas Airways has a 12-month low of $15.83 and a 12-month high of $30.30. The firm’s 50-day simple moving average is $27.93 and its 200 day simple moving average is $23.87.

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.