Air New Zealand Limited (OTCMKTS:ANZFF) Short Interest Down 52.1% in April

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 367,645 shares, a decline of 52.1% from the March 31st total of 767,607 shares. Based on an average trading volume of 3,181 shares, the short-interest ratio is presently 115.6 days.

Air New Zealand Stock Performance

OTCMKTS ANZFF opened at $0.28 on Friday. Air New Zealand has a 1 year low of $0.22 and a 1 year high of $0.39. The company has a fifty day moving average of $0.29 and a two-hundred day moving average of $0.32.

About Air New Zealand

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.