Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Expands By 14.4%

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 11,900 shares, a growth of 14.4% from the May 15th total of 10,400 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 9.2 days.

Air New Zealand Price Performance

OTCMKTS:ANZFF opened at $0.32 on Tuesday. Air New Zealand has a 1-year low of $0.31 and a 1-year high of $0.51. The business’s 50-day moving average price is $0.33 and its two-hundred day moving average price is $0.36.

About Air New Zealand

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.