Wizz Air Holdings Plc (OTCMKTS:WZZAF) Short Interest Update

Wizz Air Holdings Plc (OTCMKTS:WZZAF) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 159,734 shares, a decline of 29.3% from the March 15th total of 225,954 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is presently 79,867.0 days.

Wizz Air Stock Performance

Shares of Wizz Air stock opened at $12.08 on Thursday. Wizz Air has a 52-week low of $12.08 and a 52-week high of $22.00. The company’s 50-day simple moving average is $14.02 and its 200-day simple moving average is $14.51.

Wizz Air Company Profile

Wizz Air Holdings Plc, trading in the United States on the OTC market under the ticker WZZAF, is a Hungary-based ultra low-cost carrier that provides scheduled passenger air transportation services across Europe and selected international destinations. The company’s primary business activity centers on offering no-frills flights at competitive base fares, supplemented by ancillary revenue streams such as baggage fees, seat selection, priority boarding and in-flight refreshments.

Founded in September 2003 by Jozsef Váradi and other aviation industry veterans, Wizz Air commenced operations in May 2004 and has since grown steadily through network expansion, strategic base openings and fleet standardization.