Air New Zealand Limited (OTCMKTS:ANZFF) Short Interest Up 56.0% in December

Air New Zealand Limited (OTCMKTS:ANZFF) was the recipient of a significant 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 daily volume of 1,877 shares, the short-interest ratio is presently 80.6 days. Based on an average daily volume of 1,877 shares, the short-interest ratio is presently 80.6 days.

Air New Zealand Trading Up 1.6%

Shares of Air New Zealand stock opened at $0.31 on Friday. Air New Zealand has a 12 month low of $0.30 and a 12 month high of $0.39. The business’s 50-day moving average price is $0.33 and its 200-day moving average price 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.