Short Interest in Flight Centre Travel Group Limited (OTCMKTS:FGETF) Increases By 47.6%

Flight Centre Travel Group Limited (OTCMKTS:FGETF) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,425,800 shares, a growth of 47.6% from the May 15th total of 966,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 14,258.0 days.

Flight Centre Travel Group Price Performance

Shares of FGETF stock remained flat at $14.00 on Friday. Flight Centre Travel Group has a twelve month low of $13.51 and a twelve month high of $14.00. The stock’s 50-day moving average price is $13.74 and its 200-day moving average price is $13.91.

About Flight Centre Travel Group

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.