Air New Zealand Limited (OTCMKTS:ANZFF) Sees Significant Growth in Short Interest

Air New Zealand Limited (OTCMKTS:ANZFF – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,191,299 shares, an increase of 64.8% from the August 31st total of 722,941 shares. Based on an average trading volume of 2,501 shares, the days-to-cover ratio is presently 476.3 days.

Air New Zealand Price Performance

Shares of OTCMKTS:ANZFF opened at $0.23 on Thursday. The stock’s 50-day moving average price is $0.24 and its two-hundred day moving average price is $0.25. Air New Zealand has a 12-month low of $0.18 and a 12-month high of $0.38.

Air New Zealand Company Profile

(Get Free Report)

Air New Zealand Limited is the national airline of New Zealand and provides scheduled passenger and cargo air transportation services. The company operates a domestic network connecting cities and regional communities throughout New Zealand, along with international services linking the country with Australia, the Pacific Islands, Asia, and North America.

The airline serves leisure and business travelers through multiple cabin classes and offers related services such as holiday packages, loyalty programs, air cargo transportation, and airport and ground-handling activities.

Further Reading

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