Short Interest in Webjet Limited (OTCMKTS:WEBJF) Expands By 126.4%

Webjet Limited (OTCMKTS:WEBJFGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 221,638 shares, a growth of 126.4% from the April 30th total of 97,913 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Webjet Stock Performance

WEBJF stock opened at $0.93 on Friday. The company’s 50 day simple moving average is $0.93 and its 200-day simple moving average is $0.93. Webjet has a 12 month low of $0.93 and a 12 month high of $0.93.

About Webjet

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Webjet Limited (OTCMKTS:WEBJF) is an Australian-based online travel company that provides a range of digital booking and reservation services. The company operates both consumer-facing websites and a business-to-business distribution network, serving individual travellers, travel agencies, and wholesale partners. Its core offerings include airfares, hotel accommodation, car rentals, holiday packages, and ancillary services delivered through proprietary booking platforms.

On the consumer side, Webjet serves travellers via its B2C brands Webjet.com.au and Webjet.co.nz, enabling users to search, compare, and purchase flights, hotels, and comprehensive holiday packages.

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