Short Interest in Qantas Airways Limited (OTCMKTS:QABSY) Expands By 370.8%

Qantas Airways Limited (OTCMKTS:QABSY) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 22,600 shares, an increase of 370.8% from the August 31st total of 4,800 shares. Based on an average trading volume of 16,800 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 16,800 shares, the short-interest ratio is presently 1.3 days.

Qantas Airways Stock Up 0.6%

Shares of QABSY opened at $36.29 on Friday. The company’s 50 day moving average price is $37.02 and its 200 day moving average price is $33.49. Qantas Airways has a 52 week low of $23.72 and a 52 week high of $41.65.

Qantas Airways Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, October 27th. Shareholders of record on Thursday, September 18th will be paid a $0.3236 dividend. The ex-dividend date is Wednesday, September 17th. This represents a yield of 416.0%.

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.