Flight Centre Ltd. (OTCMKTS:FGETF – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 155,580 shares, a decline of 48.5% from the July 30th total of 302,102 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Currently, 0.1% of the shares of the company are sold short.
Flight Centre Stock Performance
OTCMKTS:FGETF remained flat at $9.56 during midday trading on Friday. Flight Centre has a one year low of $6.73 and a one year high of $10.12. The business’s 50 day simple moving average is $8.86 and its two-hundred day simple moving average is $8.20.
Analyst Ratings Changes
Separately, Citigroup downgraded Flight Centre to a “neutral” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.
About Flight Centre
Flight Centre Travel Group (OTCMKTS: FGETF) is a global travel agency headquartered in Brisbane, Australia. The company operates across both leisure and corporate segments, offering travel booking services, tailored itineraries and travel management solutions. Through an integrated network of retail stores, online platforms and dedicated corporate divisions, Flight Centre provides airfares, hotel accommodations, package tours and ancillary travel products to individual and business clients.
Founded in 1982 by Graham Turner and Geoff Harris, the company has expanded from a single storefront in Sydney into a multinational enterprise.
See Also
- Five stocks we like better than Flight Centre
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for Flight Centre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flight Centre and related companies with MarketBeat.com's FREE daily email newsletter.
