Short Interest in Austal Limited (OTCMKTS:AUTLF) Expands By 2,633.3%

Austal Limited (OTCMKTS:AUTLF) was the target of a significant growth in short interest during 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 trading volume of 2,100 shares, the short-interest ratio is currently 3.9 days.

Austal Stock Down 1.3 %

Shares of Austal stock traded down $0.03 during trading on Monday, hitting $1.98. 1,000 shares of the stock were exchanged, compared to its average volume of 1,480. The stock’s fifty day moving average is $2.03 and its 200 day moving average is $1.86. Austal has a 12 month low of $1.05 and a 12 month high of $2.27.

Austal Company Profile

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.