Short Interest in Qantas Airways Limited (OTCMKTS:QUBSF) Declines By 13.5%

Qantas Airways Limited (OTCMKTS:QUBSF) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,556,900 shares, a drop of 13.5% from the November 30th total of 1,799,900 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 3,892.3 days.

Qantas Airways Price Performance

Shares of Qantas Airways stock opened at $5.18 on Monday. Qantas Airways has a 12-month low of $3.24 and a 12-month high of $5.82. The company’s fifty day simple moving average is $5.41 and its two-hundred day simple moving average is $4.61.

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.