Air New Zealand Limited (OTCMKTS:ANZFF) Sees Large Increase in Short Interest

Air New Zealand Limited (OTCMKTS:ANZFF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,700 shares, an increase of 40.8% from the February 28th total of 21,100 shares. Based on an average daily trading volume, of 25,000 shares, the days-to-cover ratio is currently 1.2 days.

Air New Zealand Stock Performance

ANZFF stock opened at $0.36 on Tuesday. Air New Zealand has a 1 year low of $0.28 and a 1 year high of $0.38. The stock’s fifty day moving average price is $0.35 and its 200-day moving average price is $0.33.

Air New Zealand Company Profile

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.