Wizz Air Holdings Plc (OTCMKTS:WZZAF) Short Interest Down 73.9% in December

Wizz Air Holdings Plc (OTCMKTS:WZZAF) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 41,198 shares, a decline of 73.9% from the December 15th total of 157,953 shares. Based on an average daily volume of 35 shares, the short-interest ratio is presently 1,177.1 days. Based on an average daily volume of 35 shares, the short-interest ratio is presently 1,177.1 days.

Wizz Air Stock Performance

Shares of WZZAF opened at $16.77 on Tuesday. The company has a 50-day simple moving average of $14.19 and a two-hundred day simple moving average of $14.99. Wizz Air has a one year low of $13.13 and a one year high of $22.00.

About Wizz Air

Wizz Air Holdings Plc, trading in the United States on the OTC market under the ticker WZZAF, is a Hungary-based ultra low-cost carrier that provides scheduled passenger air transportation services across Europe and selected international destinations. The company’s primary business activity centers on offering no-frills flights at competitive base fares, supplemented by ancillary revenue streams such as baggage fees, seat selection, priority boarding and in-flight refreshments.

Founded in September 2003 by Jozsef Váradi and other aviation industry veterans, Wizz Air commenced operations in May 2004 and has since grown steadily through network expansion, strategic base openings and fleet standardization.