Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Grows By 177.0%

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant growth in short interest in May. As of May 31st, there was short interest totalling 190,300 shares, a growth of 177.0% from the May 15th total of 68,700 shares. Based on an average daily volume of 43,000 shares, the short-interest ratio is presently 4.4 days.

Air New Zealand Price Performance

OTCMKTS ANZFF opened at $0.35 on Friday. Air New Zealand has a 1-year low of $0.28 and a 1-year high of $0.39. The stock’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.34.

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.