Qantas Airways Limited (OTCMKTS:QUBSF) Sees Significant Decline in Short Interest

Qantas Airways Limited (OTCMKTS:QUBSF) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 1,052,400 shares, a drop of 32.4% from the December 15th total of 1,556,900 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 3,508.0 days.

Qantas Airways Price Performance

Qantas Airways stock traded up $0.55 during trading hours on Friday, hitting $5.73. The company had a trading volume of 119 shares, compared to its average volume of 1,861. The company has a 50-day moving average price of $5.41 and a two-hundred day moving average price of $4.73. Qantas Airways has a 1 year low of $3.24 and a 1 year high of $5.82.

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.