Qantas Airways Limited (OTCMKTS:QABSY) Short Interest Down 20.8% in July

Qantas Airways Limited (OTCMKTS:QABSY) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 3,800 shares, a drop of 20.8% from the June 30th total of 4,800 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is presently 0.6 days.

Qantas Airways Price Performance

QABSY traded up $0.12 during midday trading on Friday, reaching $20.00. 6,005 shares of the company were exchanged, compared to its average volume of 8,607. The stock’s 50-day simple moving average is $20.32 and its 200 day simple moving average is $18.92. Qantas Airways has a one year low of $14.83 and a one year high of $22.30.

Qantas Airways Company Profile

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.