Austal Limited (OTCMKTS:AUTLF) Short Interest Update

Austal Limited (OTCMKTS:AUTLF) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 102,000 shares, an increase of 68.6% from the March 31st total of 60,500 shares. Based on an average daily trading volume, of 27,300 shares, the days-to-cover ratio is currently 3.7 days.

Austal Trading Up 8.3 %

AUTLF traded up $0.12 during trading on Friday, reaching $1.57. 100 shares of the company traded hands, compared to its average volume of 6,263. Austal has a 12-month low of $1.02 and a 12-month high of $1.93. The firm has a fifty day simple moving average of $1.43 and a 200 day simple moving average of $1.31.

About Austal

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.