Austal Limited (OTCMKTS:AUTLF) Sees Significant Increase in Short Interest

Austal Limited (OTCMKTS:AUTLF) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 300 shares, a growth of 50.0% from the November 15th total of 200 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is currently 0.1 days.

Austal Price Performance

OTCMKTS:AUTLF opened at $1.80 on Friday. Austal has a 12-month low of $1.05 and a 12-month high of $2.27. The stock’s 50 day simple moving average is $2.06 and its 200-day simple moving average is $1.81.

About Austal

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.