Air New Zealand Limited (OTCMKTS:ANZFF – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 151,211 shares, an increase of 56.0% from the December 15th total of 96,957 shares. Based on an average trading volume of 1,877 shares, the days-to-cover ratio is currently 80.6 days. Based on an average trading volume of 1,877 shares, the days-to-cover ratio is currently 80.6 days.
Air New Zealand Stock Performance
ANZFF opened at $0.31 on Friday. Air New Zealand has a one year low of $0.30 and a one year high of $0.39. The business’s 50-day simple moving average is $0.33 and its 200-day simple moving average is $0.34.
About Air New Zealand
Air New Zealand Limited is the state-owned flag carrier of New Zealand, headquartered in Auckland. The airline traces its roots back to Tasman Empire Airways Limited (TEAL), which began operations in 1940. It was rebranded as Air New Zealand in 1965 and has since grown into one of the nation’s leading providers of air transport services. The New Zealand government holds a majority stake in the company, which plays a critical role in connecting the country to international markets and supporting tourism and trade.
Air New Zealand operates a comprehensive network of domestic and international routes.
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