Flight Centre Travel Group Limited (OTCMKTS:FGETF) Sees Significant Growth in Short Interest

Flight Centre Travel Group Limited (OTCMKTS:FGETF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 738,500 shares, an increase of 23.8% from the February 28th total of 596,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 7,385.0 days. Currently, 0.3% of the shares of the stock are sold short.

Flight Centre Travel Group Price Performance

FGETF stock remained flat at $9.45 during midday trading on Tuesday. The company has a 50 day simple moving average of $9.75 and a two-hundred day simple moving average of $11.28. Flight Centre Travel Group has a fifty-two week low of $9.45 and a fifty-two week high of $14.44.

Flight Centre Travel Group Company Profile

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.