Short Interest in Austal Limited (OTCMKTS:AUTLF) Decreases By 95.8%

Austal Limited (OTCMKTS:AUTLF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 300 shares, a decline of 95.8% from the February 13th total of 7,100 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 0.1 days.

Austal Stock Performance

OTCMKTS:AUTLF traded up $0.06 during mid-day trading on Wednesday, hitting $2.91. 5,543 shares of the stock traded hands, compared to its average volume of 6,029. Austal has a 52 week low of $1.36 and a 52 week high of $3.04. The firm’s 50 day moving average is $2.31 and its two-hundred day moving average is $2.07.

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.