Austal Limited (OTCMKTS:AUTLF) Short Interest Update

Austal Limited (OTCMKTS:AUTLF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 33,700 shares, an increase of 452.5% from the September 30th total of 6,100 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is currently 2.9 days. Based on an average daily volume of 11,500 shares, the short-interest ratio is currently 2.9 days.

Austal Stock Down 6.5%

Shares of OTCMKTS:AUTLF opened at $4.44 on Thursday. The business has a 50-day moving average of $4.96 and a two-hundred day moving average of $4.18. Austal has a fifty-two week low of $1.80 and a fifty-two week high of $6.04.

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.