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

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 28,600 shares, a growth of 54.6% from the June 15th total of 18,500 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 19.1 days.

Air New Zealand Trading Down 11.4 %

ANZFF opened at $0.30 on Monday. The firm has a 50-day moving average price of $0.32 and a 200-day moving average price of $0.35. Air New Zealand has a twelve month low of $0.30 and a twelve month high of $0.51.

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.