Austal Limited (OTCMKTS:AUTLF) Short Interest Down 12.2% in January

Austal Limited (OTCMKTS:AUTLF) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 7,200 shares, a decline of 12.2% from the December 31st total of 8,200 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is currently 1.8 days.

Austal Stock Performance

Austal stock opened at $2.25 on Friday. Austal has a fifty-two week low of $1.05 and a fifty-two week high of $2.40. The firm’s 50-day simple moving average is $2.02 and its 200 day simple moving average is $1.90.

About Austal

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.