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

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 42,000 shares, a decline of 52.7% from the September 15th total of 88,800 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 19.1 days. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 19.1 days.

Air New Zealand Stock Performance

Shares of Air New Zealand stock opened at $0.35 on Monday. Air New Zealand has a twelve month low of $0.28 and a twelve month high of $0.39. The company’s 50 day moving average is $0.34 and its 200 day moving average is $0.34.

About Air New Zealand

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.