Austal Limited (OTCMKTS:AUTLF) Sees Significant Drop in Short Interest

Austal Limited (OTCMKTS:AUTLF) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 300 shares, a drop of 95.8% from the February 13th total of 7,100 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 0.1 days.

Austal Trading Up 12.8 %

Shares of AUTLF opened at $2.65 on Friday. The business’s fifty day moving average is $2.33 and its 200 day moving average is $2.07. Austal has a 12-month low of $1.36 and a 12-month high of $3.04.

About Austal

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.