Qantas Airways Limited (OTCMKTS:QUBSF) Short Interest Down 16.1% in October

Qantas Airways Limited (OTCMKTS:QUBSF) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,090,200 shares, a decrease of 16.1% from the September 30th total of 1,299,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 10,902.0 days.

Qantas Airways Stock Performance

QUBSF traded up $0.10 during midday trading on Wednesday, reaching $5.35. 100 shares of the company were exchanged, compared to its average volume of 1,957. The company’s fifty day moving average price is $4.61 and its 200 day moving average price is $4.14. Qantas Airways has a one year low of $3.17 and a one year high of $5.35.

Qantas Airways Company Profile

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passenger flying, and air cargo and express freight services; and customer loyalty recognition programs.