Webjet Limited (OTCMKTS:WEBJF) Sees Significant Increase in Short Interest

Webjet Limited (OTCMKTS:WEBJF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 222,800 shares, an increase of 87.2% from the July 15th total of 119,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Webjet Stock Performance

WEBJF stock remained flat at $5.00 on Tuesday. Webjet has a fifty-two week low of $5.00 and a fifty-two week high of $5.11. The firm has a 50 day moving average of $5.00 and a 200 day moving average of $4.94.

About Webjet

Webjet Limited provides online travel booking services in Australia, New Zealand, the United Arab Emirates, the United Kingdom, and internationally. It operates through Business to Consumer Travel and Business to Business Travel segments. The company enables its customers to compare, combine, and book domestic and international travel flight deals, hotel accommodation packages, travel insurances, rental cars, and motorhomes.