Air China Limited (OTCMKTS:AIRYY) Sees Significant Decrease in Short Interest

Air China Limited (OTCMKTS:AIRYY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 3,900 shares, a drop of 9.3% from the May 31st total of 4,300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 9.8 days.

Air China Stock Performance

Air China stock opened at $9.46 on Monday. The stock’s 50-day moving average is $10.28 and its 200-day moving average is $10.83. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 315.33 and a beta of 0.36. The company has a debt-to-equity ratio of 4.02, a current ratio of 0.34 and a quick ratio of 0.31. Air China has a 12 month low of $8.93 and a 12 month high of $16.38.

Air China (OTCMKTS:AIRYY) last posted its earnings results on Sunday, April 28th. The transportation company reported ($0.31) earnings per share (EPS) for the quarter. The firm had revenue of $5.60 billion during the quarter. Equities analysts anticipate that Air China will post 0.73 earnings per share for the current year.

Air China Company Profile

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.