Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) Short Interest Down 30.4% in December

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 106,547 shares, a decrease of 30.4% from the December 15th total of 153,000 shares. Based on an average daily volume of 1,244 shares, the days-to-cover ratio is presently 85.6 days. Based on an average daily volume of 1,244 shares, the days-to-cover ratio is presently 85.6 days.

Hainan Meilan International Airport Price Performance

Hainan Meilan International Airport stock remained flat at $1.21 during mid-day trading on Friday. The stock’s 50 day moving average price is $1.26 and its two-hundred day moving average price is $1.27. Hainan Meilan International Airport has a 52 week low of $1.21 and a 52 week high of $1.60.

Hainan Meilan International Airport Company Profile

Hainan Meilan International Airport Co, Ltd. (OTCMKTS: HMCTF) is the state-owned operator and developer of Hainan Meilan International Airport, located in Haikou, the capital city of Hainan Province, China. As the primary aviation gateway to China’s southernmost province, the company is responsible for the planning, construction, operation and management of airport facilities serving both passenger and cargo traffic.

The company’s core business activities encompass passenger terminal services, air cargo logistics, ground handling, fueling and aircraft maintenance support.