Short Interest in Qantas Airways Limited (OTCMKTS:QABSY) Declines By 64.0%

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 900 shares, a drop of 64.0% from the November 30th total of 2,500 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is currently 0.1 days.

Qantas Airways Stock Up 0.3 %

Shares of OTCMKTS:QABSY traded up $0.09 during midday trading on Friday, reaching $28.40. The company’s stock had a trading volume of 5,973 shares, compared to its average volume of 9,309. Qantas Airways has a 12-month low of $15.83 and a 12-month high of $30.30. The firm has a 50 day moving average of $27.99 and a 200-day moving average of $23.90.

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.