Flight Centre Travel Group Limited (OTCMKTS:FGETF) Short Interest Update

Flight Centre Travel Group Limited (OTCMKTS:FGETF) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 596,400 shares, a drop of 29.0% from the February 13th total of 839,500 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1,988.0 days.

Flight Centre Travel Group Stock Performance

Shares of FGETF remained flat at $9.45 during midday trading on Monday. The business’s 50-day moving average price is $9.94 and its 200 day moving average price is $11.65. Flight Centre Travel Group has a 12-month low of $9.45 and a 12-month high of $14.44.

Flight Centre Travel Group Company Profile

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.