Air New Zealand Limited (OTCMKTS:ANZFF) Sees Significant Growth in Short Interest

Air New Zealand Limited (OTCMKTS:ANZFF) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 18,500 shares, an increase of 55.5% from the May 31st total of 11,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 185.0 days.

Air New Zealand Stock Performance

Air New Zealand stock remained flat at $0.35 during mid-day trading on Friday. Air New Zealand has a one year low of $0.31 and a one year high of $0.51. The business’s fifty day simple moving average is $0.33 and its two-hundred day simple moving average is $0.36.

About Air New Zealand

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.