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

Air New Zealand Limited (OTCMKTS:ANZFF) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 25,100 shares, a growth of 19.0% from the December 31st total of 21,100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 83.7 days.

Air New Zealand Price Performance

ANZFF opened at $0.35 on Monday. Air New Zealand has a 12-month low of $0.28 and a 12-month high of $0.41. The company’s 50 day moving average is $0.32 and its 200 day moving average is $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.