Webjet Limited (OTCMKTS:WEBJF) Sees Significant Drop in Short Interest

Webjet Limited (OTCMKTS:WEBJF) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 75,900 shares, a decline of 23.5% from the February 13th total of 99,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Webjet Price Performance

OTCMKTS WEBJF opened at $0.93 on Wednesday. Webjet has a 12-month low of $0.93 and a 12-month high of $0.93. The firm’s fifty day simple moving average is $0.93 and its two-hundred day simple moving average is $1.65.

About Webjet

Webjet Limited provides online travel booking services in Australia, New Zealand, the United Arab Emirates, the United Kingdom, and internationally. It operates through Business to Consumer Travel and Business to Business Travel segments. The company enables its customers to compare, combine, and book domestic and international travel flight deals, hotel accommodation packages, travel insurances, rental cars, and motorhomes.