Qantas Airways Limited (OTCMKTS:QABSY) Short Interest Down 64.0% in December

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 900 shares, a drop of 64.0% from the November 30th total of 2,500 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is presently 0.1 days.

Qantas Airways Price Performance

OTCMKTS:QABSY traded up $0.09 during mid-day trading on Friday, reaching $28.40. The company’s stock had a trading volume of 5,973 shares, compared to its average volume of 9,309. The firm’s fifty day moving average price is $27.99 and its two-hundred day moving average price is $23.90. Qantas Airways has a 12-month low of $15.83 and a 12-month high of $30.30.

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.