Short Interest in Qantas Airways Limited (OTCMKTS:QUBSF) Decreases By 13.5%

Qantas Airways Limited (OTCMKTS:QUBSF) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,556,900 shares, a decrease of 13.5% from the November 30th total of 1,799,900 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3,892.3 days.

Qantas Airways Stock Performance

QUBSF opened at $5.18 on Wednesday. Qantas Airways has a fifty-two week low of $3.24 and a fifty-two week high of $5.82. The firm’s fifty day moving average price is $5.42 and its two-hundred day moving average price is $4.63.

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.