Wizz Air Holdings Plc (OTCMKTS:WZZAF – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 49,029 shares, a drop of 57.4% from the May 31st total of 115,062 shares. Based on an average daily volume of 4 shares, the days-to-cover ratio is currently 12,257.2 days.
Wizz Air Stock Performance
WZZAF opened at $11.14 on Wednesday. The firm has a fifty day moving average price of $11.22 and a 200 day moving average price of $13.37. Wizz Air has a 1 year low of $11.14 and a 1 year high of $20.75.
Wizz Air Company Profile
Wizz Air Holdings Plc, trading in the United States on the OTC market under the ticker WZZAF, is a Hungary-based ultra low-cost carrier that provides scheduled passenger air transportation services across Europe and selected international destinations. The company’s primary business activity centers on offering no-frills flights at competitive base fares, supplemented by ancillary revenue streams such as baggage fees, seat selection, priority boarding and in-flight refreshments.
Founded in September 2003 by Jozsef Váradi and other aviation industry veterans, Wizz Air commenced operations in May 2004 and has since grown steadily through network expansion, strategic base openings and fleet standardization.
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