Could WESTJET AIRLINES LTD VAR VTG &amp VTG S (OTCMKTS:WJAFF) Change Direction After Less Shorts?

July 16, 2018 - By Billy Entrekin

The stock of WESTJET AIRLINES LTD VAR VTG &amp VTG S (OTCMKTS:WJAFF) registered a decrease of 1.41% in short interest. WJAFF’s total short interest was 623,500 shares in July as published by FINRA. Its down 1.41% from 632,400 shares, reported previously. With 1,000 shares average volume, it will take short sellers 624 days to cover their WJAFF’s short positions. The short interest to WESTJET AIRLINES LTD VAR VTG &amp VTG S’s float is 0.55%.

It closed at $13.8218 lastly. It is down 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company has market cap of $1.65 billion. The firm offers scheduled flights; operates WestJet Vacations that provides air, hotel, car, and excursion packages, as well as WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States; and provides cargo and charter services. It has a 7.84 P/E ratio. As of December 31, 2016, it operated a fleet of 115 Boeing 737 Next Generation aircraft, 34 Bombardier Q400 aircraft, and 4 Boeing 767-300ERW aircraft for approximately 104 destinations in North America, Central America, the Caribbean, and Europe.

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