Short Interest in Austal Limited (OTCMKTS:AUTLF) Decreases By 19.8%

Austal Limited (OTCMKTS:AUTLF) saw a significant decline in short interest in August. As of August 15th, there was short interest totaling 19,900 shares, a decline of 19.8% from the July 31st total of 24,800 shares. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is currently 1.8 days.

Austal Price Performance

AUTLF stock opened at $5.40 on Wednesday. Austal has a 52-week low of $1.47 and a 52-week high of $6.04. The company’s 50-day simple moving average is $4.33 and its 200-day simple moving average is $3.59.

Austal Company Profile

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.