Short Interest in Flight Centre Travel Group Limited (OTCMKTS:FGETF) Drops By 29.0%

Flight Centre Travel Group Limited (OTCMKTS:FGETF) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 596,400 shares, a drop of 29.0% from the February 13th total of 839,500 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1,988.0 days.

Flight Centre Travel Group Price Performance

Shares of OTCMKTS:FGETF opened at $9.45 on Tuesday. The firm has a fifty day moving average of $9.92 and a two-hundred day moving average of $11.62. Flight Centre Travel Group has a 12-month low of $9.45 and a 12-month high of $14.44.

About Flight Centre Travel Group

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.