Flight Centre Ltd. (OTCMKTS:FGETF) Short Interest Update

Flight Centre Ltd. (OTCMKTS:FGETF) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 412,844 shares, a growth of 26.4% from the December 31st total of 326,550 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Flight Centre Price Performance

Shares of Flight Centre stock opened at $10.11 on Wednesday. Flight Centre has a 1 year low of $8.07 and a 1 year high of $10.12. The stock has a 50-day moving average price of $9.46 and a 200 day moving average price of $8.58.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of Flight Centre to a “strong-buy” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Flight Centre Company Profile

Flight Centre Travel Group (OTCMKTS: FGETF) is a global travel agency headquartered in Brisbane, Australia. The company operates across both leisure and corporate segments, offering travel booking services, tailored itineraries and travel management solutions. Through an integrated network of retail stores, online platforms and dedicated corporate divisions, Flight Centre provides airfares, hotel accommodations, package tours and ancillary travel products to individual and business clients.

Founded in 1982 by Graham Turner and Geoff Harris, the company has expanded from a single storefront in Sydney into a multinational enterprise.