Qantas Airways Limited (OTCMKTS:QABSY) Short Interest Down 26.6% in June

Qantas Airways Limited (OTCMKTS:QABSY) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 4,700 shares, a decline of 26.6% from the May 31st total of 6,400 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is currently 0.6 days.

Qantas Airways Stock Performance

Shares of QABSY stock traded up $0.11 during trading on Monday, reaching $19.56. The company’s stock had a trading volume of 4,568 shares, compared to its average volume of 9,225. Qantas Airways has a one year low of $14.83 and a one year high of $22.63. The business has a fifty day moving average price of $20.08 and a 200-day moving average price of $18.62.

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.