Qantas Airways Limited (OTCMKTS:QABSY – Get Free Report) 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
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