Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Increases By 1,108.4%

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 767,607 shares, an increase of 1,108.4% from the March 15th total of 63,520 shares. Based on an average daily trading volume, of 3,001 shares, the short-interest ratio is currently 255.8 days.

Air New Zealand Stock Down 12.0%

Shares of ANZFF opened at $0.22 on Friday. Air New Zealand has a fifty-two week low of $0.22 and a fifty-two week high of $0.39. The firm’s 50 day moving average price is $0.31 and its 200 day moving average price is $0.32.

Air New Zealand Company Profile

Air New Zealand Limited is the state-owned flag carrier of New Zealand, headquartered in Auckland. The airline traces its roots back to Tasman Empire Airways Limited (TEAL), which began operations in 1940. It was rebranded as Air New Zealand in 1965 and has since grown into one of the nation’s leading providers of air transport services. The New Zealand government holds a majority stake in the company, which plays a critical role in connecting the country to international markets and supporting tourism and trade.

Air New Zealand operates a comprehensive network of domestic and international routes.