Wizz Air Holdings Plc (OTCMKTS:WZZAF) Sees Significant Increase in Short Interest

Wizz Air Holdings Plc (OTCMKTS:WZZAF) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 332,419 shares, a growth of 108.1% from the March 31st total of 159,734 shares. Based on an average daily trading volume, of 409 shares, the short-interest ratio is presently 812.8 days.

Wizz Air Stock Performance

Shares of WZZAF opened at $11.15 on Friday. Wizz Air has a one year low of $11.15 and a one year high of $21.94. The company has a 50-day simple moving average of $13.35 and a two-hundred day simple moving average of $14.37.

Wizz Air Company Profile

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.