Austal Limited (OTCMKTS:AUTLF) Sees Large Growth in Short Interest

Austal Limited (OTCMKTS:AUTLF) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 8,200 shares, a growth of 2,633.3% from the December 15th total of 300 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 3.9 days.

Austal Price Performance

AUTLF stock opened at $1.97 on Wednesday. Austal has a 1 year low of $1.05 and a 1 year high of $2.27. The company’s 50-day moving average is $2.02 and its 200-day moving average is $1.86.

About Austal

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.