Qantas Airways Limited (OTCMKTS:QABSY – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 26,020 shares, a growth of 137.0% from the April 15th total of 10,978 shares. Based on an average trading volume of 120,649 shares, the days-to-cover ratio is presently 0.2 days.
Qantas Airways Price Performance
Shares of QABSY traded down $0.75 during trading hours on Friday, reaching $30.42. The company’s stock had a trading volume of 10,401 shares, compared to its average volume of 54,116. The company has a 50 day moving average of $30.82 and a two-hundred day moving average of $33.07. Qantas Airways has a 1-year low of $28.15 and a 1-year high of $41.65.
Qantas Airways Company Profile
Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. The company provides a broad range of air transport services including scheduled passenger flights, air freight logistics, aircraft maintenance and engineering, and in-flight catering. It also operates a leading loyalty program, Qantas Frequent Flyer, which serves as a cornerstone of its revenue diversification strategy.
Founded in 1920 in Winton, Queensland, Qantas initially served remote outback communities before expanding into a national carrier following World War II.
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