Short Interest in Qantas Airways Limited (OTCMKTS:QABSY) Expands By 66.7%

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,000 shares, a growth of 66.7% from the March 31st total of 1,800 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.3 days.

Qantas Airways Stock Performance

Shares of OTCMKTS QABSY opened at $19.43 on Friday. The firm’s 50 day moving average price is $17.70 and its 200 day moving average price is $17.54. Qantas Airways has a 1 year low of $14.83 and a 1 year high of $22.99.

Qantas Airways Company Profile

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.