Short Interest in Qantas Airways Limited (OTCMKTS:QUBSF) Drops By 67.8%

Qantas Airways Limited (OTCMKTS:QUBSF) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 165,000 shares, a decline of 67.8% from the March 15th total of 511,900 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 330.0 days.

Qantas Airways Price Performance

QUBSF stock remained flat at $4.49 during mid-day trading on Tuesday. Qantas Airways has a twelve month low of $3.59 and a twelve month high of $6.20. The company has a fifty day simple moving average of $5.59 and a 200 day simple moving average of $5.46.

About Qantas Airways

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.