Austal Limited (OTCMKTS:AUTLF) Short Interest Up 27.1% in March

Austal Limited (OTCMKTS:AUTLF) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 60,500 shares, an increase of 27.1% from the March 15th total of 47,600 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 23.3 days.

Austal Price Performance

Shares of AUTLF opened at $1.58 on Friday. Austal has a one year low of $1.02 and a one year high of $1.93. The business has a fifty day moving average of $1.40 and a 200 day moving average of $1.29.

Austal Company Profile

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.