Qantas Airways Limited (OTCMKTS:QABSY) Sees Large Growth in Short Interest

Qantas Airways Limited (OTCMKTS:QABSY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 3,000 shares, a growth of 66.7% from the March 31st total of 1,800 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.3 days.

Qantas Airways Price Performance

Shares of QABSY traded up $0.41 during trading hours on Monday, hitting $19.43. The company had a trading volume of 8,800 shares, compared to its average volume of 10,495. Qantas Airways has a 12 month low of $14.83 and a 12 month high of $22.99. The business has a fifty day moving average of $17.70 and a 200-day moving average of $17.56.

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.