Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Drops By 21.3%

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 21,100 shares, a drop of 21.3% from the December 15th total of 26,800 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 2.6 days.

Air New Zealand Stock Performance

ANZFF stock opened at $0.34 on Friday. The company’s 50 day simple moving average is $0.31 and its 200-day simple moving average is $0.32. Air New Zealand has a 52-week low of $0.28 and a 52-week high of $0.41.

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.