Qantas Airways Limited (OTCMKTS:QABSY) Sees Large Increase in Short Interest

Qantas Airways Limited (OTCMKTS:QABSY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 22,600 shares, a growth of 370.8% from the August 31st total of 4,800 shares. Based on an average daily trading volume, of 16,800 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 16,800 shares, the short-interest ratio is currently 1.3 days.

Qantas Airways Stock Performance

Shares of OTCMKTS QABSY opened at $36.04 on Thursday. Qantas Airways has a one year low of $23.72 and a one year high of $41.65. The business has a 50-day moving average price of $37.00 and a two-hundred day moving average price of $33.39.

Qantas Airways Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, October 27th. Shareholders of record on Thursday, September 18th will be paid a dividend of $0.3236 per share. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a dividend yield of 416.0%.

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.