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

Air China Limited (OTCMKTS:AIRYY) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 2,100 shares, an increase of 31.3% from the October 15th total of 1,600 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is currently 1.2 days.

Air China Stock Performance

Shares of OTCMKTS AIRYY opened at $11.98 on Thursday. The company has a market cap of $9.94 billion, a price-to-earnings ratio of -133.10 and a beta of 0.32. Air China has a 12 month low of $7.51 and a 12 month high of $14.40. The stock has a 50-day moving average price of $9.95 and a two-hundred day moving average price of $9.78.

Air China (OTCMKTS:AIRYY) last released its quarterly earnings data on Thursday, August 29th. The transportation company reported ($0.18) earnings per share (EPS) for the quarter. Air China had a negative net margin of 0.26% and a negative return on equity of 1.50%. The firm had revenue of $5.45 billion during the quarter. On average, sell-side analysts predict that Air China will post 0.82 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.