Short Interest in Air New Zealand Limited (OTCMKTS:ANZFF) Increases By 177.0%

Air New Zealand Limited (OTCMKTS:ANZFF) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 190,300 shares, a growth of 177.0% from the May 15th total of 68,700 shares. Based on an average daily volume of 43,000 shares, the short-interest ratio is presently 4.4 days.

Air New Zealand Stock Down 10.1%

Shares of ANZFF stock opened at $0.35 on Friday. Air New Zealand has a one year low of $0.28 and a one year high of $0.39. The company’s 50-day simple moving average is $0.35 and its 200-day simple moving average is $0.34.

Air New Zealand Company Profile

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.