Flight Centre Travel Group Limited (OTCMKTS:FGETF) Sees Significant Growth in Short Interest

Flight Centre Travel Group Limited (OTCMKTS:FGETF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,339,400 shares, an increase of 44.5% from the August 15th total of 1,619,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 23,394.0 days.

Flight Centre Travel Group Price Performance

Shares of OTCMKTS:FGETF remained flat at $14.20 during midday trading on Monday. The business has a 50-day simple moving average of $14.19 and a two-hundred day simple moving average of $13.97. Flight Centre Travel Group has a 1 year low of $13.51 and a 1 year high of $14.20.

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.