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

Flight Centre Travel Group logo with Consumer Discretionary background
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Flight Centre Travel Group Limited (OTCMKTS:FGETF - Get Free Report) was the target of a significant drop in short interest in the month of 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. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1,988.0 days. Approximately 0.3% of the company's stock are sold short.

Flight Centre Travel Group Price Performance

Shares of OTCMKTS:FGETF remained flat at $9.45 during midday trading on Thursday. Flight Centre Travel Group has a twelve month low of $9.45 and a twelve month high of $14.44. The company's 50 day simple moving average is $9.87 and its 200 day simple moving average is $11.57.

Flight Centre Travel Group Company Profile

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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.

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