Short Interest in Norwegian Air Shuttle ASA (OTCMKTS:NWARF) Declines By 18.9%

Norwegian Air Shuttle ASA (OTCMKTS:NWARF) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 933,400 shares, a decline of 18.9% from the March 31st total of 1,150,500 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is presently 70.7 days.

Norwegian Air Shuttle ASA Price Performance

Shares of NWARF traded down $0.08 during trading hours on Friday, hitting $1.35. The company had a trading volume of 2,131 shares, compared to its average volume of 23,434. The firm has a fifty day moving average price of $1.58 and a 200-day moving average price of $1.20. Norwegian Air Shuttle ASA has a 52-week low of $0.67 and a 52-week high of $1.87.

About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It operates short haul point to point domestic and cross border flights services. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 70 aircrafts.