Webjet Limited (OTCMKTS:WEBJF) Short Interest Down 41.4% in October

Webjet Limited (OTCMKTS:WEBJF) was the recipient of a significant drop in short interest in the month of 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 daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,703.0 days.

Webjet Stock Performance

WEBJF opened at $0.93 on Thursday. The company has a 50 day simple moving average of $2.72 and a two-hundred day simple moving average of $4.20. Webjet has a 1-year low of $0.93 and a 1-year high of $0.93.

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.