Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Rises By 40.8%

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

Air New Zealand Stock Performance

OTCMKTS:ANZFF 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 business has a 50 day moving average of $0.35 and a 200 day moving average of $0.33.

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.