Austal Limited (OTCMKTS:AUTLF) Sees Large Increase in Short Interest

Austal Limited (OTCMKTS:AUTLF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,200 shares, a growth of 2,633.3% from the December 15th total of 300 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 3.9 days.

Austal Stock Performance

OTCMKTS AUTLF opened at $1.97 on Wednesday. Austal has a twelve month low of $1.05 and a twelve month high of $2.27. The stock has a fifty day simple moving average of $2.02 and a 200 day simple moving average of $1.86.

Austal Company Profile

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.