Qantas Airways Limited (OTCMKTS:QUBSF – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 347,923 shares, a growth of 62.8% from the July 30th total of 213,666 shares. Based on an average trading volume of 5,798 shares, the short-interest ratio is presently 60.0 days.
Qantas Airways Stock Performance
Shares of QUBSF stock opened at $6.88 on Tuesday. Qantas Airways has a 12 month low of $5.50 and a 12 month high of $7.80. The business’s 50 day moving average is $6.79 and its two-hundred day moving average is $6.54.
About Qantas Airways
Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. Headquartered in Sydney, the company provides scheduled air passenger and freight services across domestic and international markets. Its core business includes mainline passenger operations under the Qantas brand, complemented by regional connectivity through its QantasLink subsidiary.
Qantas operates a mixed fleet of Airbus and Boeing aircraft, serving major domestic routes between Australian cities as well as long-haul flights to Asia, the Americas, Europe and Africa.
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