Short Interest in Webjet Limited (OTCMKTS:WEBJF) Declines By 41.4%

Webjet Limited (OTCMKTS:WEBJF) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 170,300 shares, a drop of 41.4% from the October 15th total of 290,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,703.0 days.

Webjet Price Performance

Shares of OTCMKTS WEBJF opened at $0.93 on Friday. Webjet has a 1 year low of $0.93 and a 1 year high of $0.93. The firm has a 50-day moving average of $2.72 and a 200 day moving average of $4.20.

Webjet Company Profile

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.