Qantas Airways Limited (OTCMKTS:QUBSF) Short Interest Down 17.7% in February

Qantas Airways Limited (OTCMKTS:QUBSF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 550,000 shares, a drop of 17.7% from the February 13th total of 668,200 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 229.2 days.

Qantas Airways Stock Performance

Shares of OTCMKTS QUBSF opened at $5.49 on Thursday. Qantas Airways has a 52 week low of $3.46 and a 52 week high of $6.20. The business’s 50 day moving average price is $5.82 and its 200 day moving average price is $5.36.

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.