Air China Limited (OTCMKTS:AIRYY) Sees Large Increase in Short Interest

Air China Limited (OTCMKTS:AIRYY) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,600 shares, a growth of 17.9% from the March 31st total of 3,900 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 11.5 days.

Air China Price Performance

OTCMKTS AIRYY opened at $10.50 on Monday. The company has a market cap of $8.51 billion, a PE ratio of -47.73 and a beta of 0.41. Air China has a 52 week low of $8.93 and a 52 week high of $17.19. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 4.02. The firm’s 50-day simple moving average is $10.24 and its two-hundred day simple moving average is $11.89.

Air China (OTCMKTS:AIRYY) last announced its quarterly earnings results on Thursday, March 28th. The transportation company reported ($0.33) earnings per share for the quarter. The company had revenue of $5.97 billion for the quarter. Air China had a negative net margin of 4.80% and a negative return on equity of 18.66%. Research analysts predict that Air China will post 0.7 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.