Webjet Limited (OTCMKTS:WEBJF) Sees Large Decrease in Short Interest

Webjet Limited (OTCMKTS:WEBJF) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 119,000 shares, a decrease of 72.8% from the June 30th total of 438,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Webjet Price Performance

Shares of WEBJF remained flat at $5.00 during trading hours on Thursday. The business’s 50 day moving average is $5.00 and its 200-day moving average is $4.93. Webjet has a fifty-two week low of $5.00 and a fifty-two week high of $5.11.

Webjet Company Profile

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.