Air New Zealand Limited (OTCMKTS:ANZFF) Sees Large Decline in Short Interest

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 21,100 shares, a drop of 21.3% from the December 15th total of 26,800 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 2.6 days.

Air New Zealand Stock Performance

ANZFF stock traded up $0.00 during midday trading on Thursday, reaching $0.34. The company had a trading volume of 247 shares, compared to its average volume of 289. The stock has a 50 day moving average price of $0.31 and a 200 day moving average price of $0.32. Air New Zealand has a fifty-two week low of $0.28 and a fifty-two week high of $0.41.

About Air New Zealand

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.