Qantas Airways Limited (OTCMKTS:QABSY) Short Interest Update

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

Qantas Airways Price Performance

QABSY traded up $0.12 during trading on Monday, hitting $20.00. 6,000 shares of the company’s stock were exchanged, compared to its average volume of 8,607. Qantas Airways has a 1 year low of $14.83 and a 1 year high of $22.30. The stock has a 50 day moving average price of $20.32 and a 200 day moving average price of $18.93.

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.