Air New Zealand Limited (OTCMKTS:ANZFF) Sees Large Decline in Short Interest

Air New Zealand Limited (OTCMKTS:ANZFF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 349,400 shares, a drop of 17.2% from the September 30th total of 422,200 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 105.9 days.

Air New Zealand Stock Up 7.4 %

ANZFF traded up $0.02 during midday trading on Monday, hitting $0.32. 100 shares of the company were exchanged, compared to its average volume of 6,960. The firm’s 50 day moving average price is $0.34 and its 200-day moving average price is $0.33. Air New Zealand has a 1-year low of $0.30 and a 1-year high of $0.43.

Air New Zealand Company Profile

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.