Air China Limited (OTCMKTS:AIRYY) Short Interest Update

Air China Limited (OTCMKTS:AIRYY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,700 shares, an increase of 466.7% from the December 31st total of 300 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 2.1 days.

Air China Stock Performance

AIRYY remained flat at $13.00 on Thursday. The company had a trading volume of 18 shares, compared to its average volume of 443. The stock’s 50 day moving average price is $12.60 and its two-hundred day moving average price is $10.69. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 3.46. Air China has a fifty-two week low of $7.51 and a fifty-two week high of $13.95. The company has a market capitalization of $10.79 billion, a PE ratio of -144.43 and a beta of 0.36.

Air China (OTCMKTS:AIRYY) last posted its quarterly earnings results on Thursday, October 31st. The transportation company reported $0.73 earnings per share (EPS) for the quarter. Air China had a negative return on equity of 1.16% and a negative net margin of 0.26%. The business had revenue of $6.79 billion for the quarter. On average, equities analysts expect that Air China will post 0.11 earnings per share for the current year.

About Air China

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.