Wizz Air Holdings Plc (OTCMKTS:WZZAF) Sees Large Decrease in Short Interest

Wizz Air Holdings Plc (OTCMKTS:WZZAF) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 14,504 shares, a decrease of 69.3% from the January 29th total of 47,282 shares. Based on an average daily trading volume, of 5 shares, the days-to-cover ratio is currently 2,900.8 days. Based on an average daily trading volume, of 5 shares, the days-to-cover ratio is currently 2,900.8 days.

Wizz Air Stock Performance

WZZAF opened at $16.77 on Thursday. The business has a fifty day moving average of $15.97 and a 200 day moving average of $15.27. Wizz Air has a 52-week low of $13.13 and a 52-week high of $22.00.

Wizz Air Company Profile

Wizz Air Holdings Plc, trading in the United States on the OTC market under the ticker WZZAF, is a Hungary-based ultra low-cost carrier that provides scheduled passenger air transportation services across Europe and selected international destinations. The company’s primary business activity centers on offering no-frills flights at competitive base fares, supplemented by ancillary revenue streams such as baggage fees, seat selection, priority boarding and in-flight refreshments.

Founded in September 2003 by Jozsef Váradi and other aviation industry veterans, Wizz Air commenced operations in May 2004 and has since grown steadily through network expansion, strategic base openings and fleet standardization.